Greg Vasil News Today

BOSTON — In response to the housing crisis confronting the Bay State, the House on Monday released a $6.2 billion proposal aimed at filling the 200,000-home hole in the commonwealth’s

Massachusetts is jumping into the national debate on the affordable housing crisis with a proposal to tax high-value property sales.

Massachusetts is jumping into a national debate on the affordable housing crisis with a proposal to tax high-value property sales.

Massachusetts is jumping into a national debate on the affordable housing crisis with a proposal to tax high-value property sales.

The chief executive of the Greater Boston Real Estate Board said transfer fees would raise costs at a time when they're already high. 

BOSTON — Municipal leaders are calling on state lawmakers to approve a proposal authorizing cities and towns to charge a transfer fee on real estate transactions to drum up money

BOSTON — Municipal leaders are calling on state lawmakers to approve a proposal authorizing cities and towns to charge a transfer fee on real estate transactions to drum up money

BOSTON — Municipal leaders are calling on state lawmakers to approve a proposal authorizing cities and towns to charge a transfer fee on real estate transactions to drum up money

Between 2004 and 2018, nearly 1 in 5 of all residential properties sold in Greater Boston were purchased by an investor or some form of corporate entity.

Faced with a sharp downturn in office property values in Boston, Mayor Wu is trying to cushion the blow of rising tax bills expected for owners of residential property. Last week, she announced plans to file a home rule petition with the Boston City Council that would allow for the shift in the tax burden to be reduced and slowed down temporarily.