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New Taxes Helped Cool London’s Housing Market. Could That Happen in New York?

Economists and real estate agents are calling London’s taxation of wealthy property owners a cautionary tale for New York, where leaders have endorsed a second-home tax.

First seen · 4:19 PM UTCApril 26, 2026

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New Taxes Helped Cool London’s Housing Market. Could That Happen in New York?Economists and real estate agents are calling London’s taxation of wealthy property owners a cautionary tale for New York, where leaders have endorsed a second-home tax.
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