By DENNIS RODKIN April 11, 2022
A revived effort to make buyers of high-end homes pay an additional tax to help homelessness may have come at the right time, as some real estate industry sources say affluent homebuyers “won’t flinch” at paying it.
After running the gauntlet of finding a home in a market where inventory is tight, bidding is competitive and prices are rising fast, buyers “aren’t going to blink at paying one more fee, which is what this tax is,” said Leslie Struthers, senior loan officer at the mortgage firm Guaranteed Rate.