I'd agree with you if this applied to primary residences, but it seems like this only applies to secondary residences? I find it hard to reconcile "middle class" with "has a second home in NYC"
the amount of people who are middle class with a second home is rare. if you can afford another dwelling, you can pay more tax on it. lets not be this disconnected.
How many middle class folks do you know who own two homes, the unoccupied one of which is a NYC property worth >$1 million?
I'd agree with you if this applied to primary residences, but it seems like this only applies to secondary residences? I find it hard to reconcile "middle class" with "has a second home in NYC"
the amount of people who are middle class with a second home is rare. if you can afford another dwelling, you can pay more tax on it. lets not be this disconnected.
It’s a pretty moderate tax on second homes and it makes the city cash flow healthier. I don’t understand what’s controversial about this.
The middle class doesn't own second homes. This tax does not apply to primary homes.
It's not on the primary residence. Relax.