Brokers Expect Tax Reform to Hurt High-Cost Markets, Benefit Other Regions

February 16, 2018

Over the objections of the National Association of Realtors, Congress in late 2017 passed a tax reform package championed by President Donald Trump. Realtors in high-cost, high-tax areas such as New York, California, Maryland, and Massachusetts say they expect less demand and falling prices as a result. However, many brokers in Florida and other relatively…

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