Second homes
Coverage of Second homes in the Nexus archive.
- 'Taylor Swift tax' goes into effect in Rhode Island
A new tax named the 'Taylor Swift tax' has been implemented in Rhode Island, targeting owners of certain second homes. Over 8,000 property owners received notifications about potential tax liability under this policy.
- Andy Burnham 'plotting wealth tax raid on shares and second homes' as Labour MPs panic over incoming PM's Left-wing drive to hammer the South
Andy Burnham is proposing a wealth tax targeting shares and second homes, causing concern among Labour MPs over his left-wing policies affecting the South.
- Mamdani, Hochul team up on second-home tax: What to know
New York Governor Kathy Hochul and New York City Mayor Zohran Mamdani have proposed a 'pied-à-terre tax' on second homes in NYC valued over $5 million to address the city’s budget deficit by targeting the ultrawealthy. The tax aims to generate revenue through an annual levy on luxury secondary residences.
- Council tax on second homes in Edinburgh rose by 300%... for just eight days
Edinburgh's council tax for second homes increased by 300% for eight days, reflecting a temporary measure to address housing issues. The policy highlights concerns about property ownership and taxation in the city.