Cape Cod is considering taxing luxury home sales of $2+ million to raise funds for the housing market’s ‘missing middle’
Wednesday, 20 August 2025 ()
Cape Cod, one of the priciest housing markets in the U.S., is considering a 2% real-estate transfer fee on luxury homes above $2 million to fund affordable housing. Similar “mansion taxes” in Los Angeles and Rhode Island show how other expensive markets are turning to surcharges on wealthy…
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