Banker & Tradesman | Expect More Boston Property Tax Increases No Matter What

    Banker And Tradesman | Boston | Taxes | Wu

    — Boston Multifamily Real Estate Investment and Development. The premier platform for a wide range of resources, tools, and advisory services for multifamily and mixed-use apartment building investors, and developers of land, in the Greater Boston area of Massachusetts.

    Oct 15, 2024

    If she succeeds, then Boston homeowners could get hit with a 9 percent increase to their tax bills.

    But if she fails, then the city’s house and condominium owners will be forced to swallow a somewhat larger 14 percent increase in their annual bill, city officials said at a press briefing last week.

    Neither scenario is great for Hub homeowners. But both are preferable to the 33 percent jump that city officials once warned might be coming, with the collapse in office tower values amid the shift to remote work having wrecked one of the city’s biggest tax-revenue cash cows.

    Source: Expect More Boston Property Tax Increases No Matter What

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