Very surprised by this figure as basically 80% of apartments in NY would have to be above this....I knew it was lower in the midwest/south but not that much lower....
https://www.nytimes.com/2017/11/02/business/economy/tax-housing.html?partner=rss&emc=rss (and yes this will affect us eg $450k X 3.5% x 35% or around $6kpa)
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