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New York City’s Proposed 9.5% Real Estate Tax Hike Sparks National Debate Over Housing Affordability

A proposed 9.5% increase in New York City property taxes has triggered widespread concern as national home prices have surged 55% over the last five years. The move highlights a growing tension between municipal funding needs and the financial stability of homeowners.

Amira MahmoudAmira Mahmoud
February 26, 2026274 views
New York City’s Proposed 9.5% Real Estate Tax Hike Sparks National Debate Over Housing Affordability
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