Boston’s Wealthy Real Estate Players Avoid Paying their Fair Share
The state legislature has blocked the city’s luxury real estate transfer tax for nearly four years.
How Investors Accelerate the Affordable Housing Crisis
Investor purchases accounted for 24 percent of all residential real estate sales in Boston in the fourth quarter of 2022. A 10 percent tax on those sales could yield $82 million in revenue.
Inaction Costs City of Boston $20 Million+ in Funds for Affordable Housing
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.
The High Cost of Beacon Hill Inaction
IPS Report Documents Missing Millions as Massachusetts State Legislature Fails to Act on Boston’s Luxury Transfer Tax
Who Is Buying My Neighborhood?
Anonymous corporations own more and more of our cities.
Average Americans Pay Tax on Over Half Their Wealth. Shouldn’t Rich Americans?
Our current national confusion over wealth taxes serves only the wealthy.
Fair Tax Solutions for Cities Facing COVID-19 Budget Crises
The economic impact of the Covid-19 pandemic has strained municipal budgets. How can cities close the gap fairly?
The New Predators in an Old Mortgage Scam
The Contract Buyers League thought they stamped out predatory contracts for deeds, but thanks to private equity firms, these practices targeting low-income communities of color have resurfaced.
Homes Are Getting Smaller While the Wealth Gap Gets Larger
Tiny house advocates say they’re reducing their ecological footprints, but the extremely rich beneficiaries of this concentration pose a greater threat to our environment.
Just Don’t Say Climate Change
Global warming can’t be legislated away.
Finally, Obama’s Talking about Taxing the Wealthy
He has public opinion on his side.
Averting the Next Mortgage Meltdown While Cooling the Planet
A creative solution to the predicted commercial real estate crisis could boost both energy efficiency and tax receipts.