New analysis from the Institute for Policy Studies shows how much Boston’s failure to enact a luxury real estate tax has cost the city.
IPS Report Documents Missing Millions as Massachusetts State Legislature Fails to Act on Boston’s Luxury Transfer Tax
They just may be the super rich who’ve bought mega-million condos in midtown Manhattan’s now infamous needle towers.
Communities need to expand the supply of local homeownership and permanently affordable rental housing, owned by nonprofits and community housing authorities.
Anonymous corporations own more and more of our cities.
Wealthy workers moving into central, walkable neighborhoods has long caused gentrification, but global capital is exacerbating the situation.
A proposed 2 percent transfer tax on residential and commercial properties worth over $2 million could raise $169 million for affordable housing annually.
According to a new study, nearly half of the units in one downtown building were owned by anonymous entities.
From the summit of our new ‘needle towers,’ the ultra rich can look but never really see.
From speculation to vacancies, taxing high-end condos may be the solution to affordable housing Boston has been looking for.
The artist behind a provocative faux sales office highlights the dangers of Boston’s luxury housing boom.
Secretly owned — and often uninhabited — luxury condos are driving up rents for all Bostonians. What can the city do?
Should cities build new fossil fuel pipelines to power skyscrapers for the super-rich?
From country farmland to big city skyscrapers, absentee billionaires may be hiding wealth in your town — and driving up your cost of living.