user-generated· regulatory
High-value second home surcharge passes with 10% rate
Market overview
A surcharge on high-value second homes was a key unresolved item in the budget talks. Given Hochul's push for revenue generation and the political salience of housing affordability, a 10% surcharge on homes valued over $3M is likely to be included.
regulatory prediction market
- Implied probability (Yes)
- 60%
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