Potential Luxury Real Estate Tax Would Be 'Egregious': Brown Harris Stevens CEO

Dec.31 — Rich homebuyers laid low in 2019 as financial uncertainties turned world cities into dangerous propositions. Political and financial query marks nonetheless abound in 2020, from commerce wars to subsequent November’s U.S. presidential election. And some fear potential taxes on the wealthy instituted by cities equivalent to New York will proceed to weigh on gross sales. On “Bloomberg Money Undercover”, Bloomberg’s Lisa Abramowicz talks with Bess Freedman, CEO of the actual property agency Brown Harris Stevens.

Real Estate