BUSINESSFINANCIAL TIMES WORLD
Is a second home in New York or London more trouble than it’s worth?
New York's new tax on second homes is causing owners to reconsider their investments. London has similarly been questioning the value of second homes in the city for some time.
Related Signal
Adjacent reporting
- New York to tax luxury second homes in NYC
- Thousands of new build London homes lie EMPTY as service charges, taxes and high prices put off buyers and investors
- Mamdani, Hochul team up on second-home tax: What to know
- Council tax on second homes in Edinburgh rose by 300%... for just eight days
- JPMorgan Sees Higher Downgrade Risk for NYC Amid Tax Pushback
- Wealthy New Yorkers grumble as a new tax looms over fortunes