![The Real Estate Espresso Podcast artwork](https://is1-ssl.mzstatic.com/image/thumb/Podcasts113/v4/f1/53/f1/f153f16c-efaf-3af5-1251-a630e8c5ea51/mza_4909779211800753659.jpg/100x100bb.jpg)
A 1% New Construction Tax
The Real Estate Espresso Podcast
English - June 12, 2018 05:00 - 5 minutes - 3.63 MB - ★★★★★ - 124 ratingsBusiness investing realestateinvesting realestate cashflow entrepreneur business interview entrepreneurship apartments marketing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: AMA - How to Win in an Inflationary Environment
Next Episode: Seller Arrogance
The City of Philadelphia is talking about doing away with a 10 year property tax abatement and imposing a 1% tax on new construction projects across the city. The move is designed to raise funds for affordable housing. What are the consequences of such a tax? Will it work?