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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.