Survey finds New Yorkers want government to cap property tax increases and take actions to support homeownership

Print this article | Send to a colleague

"Today, the results of the New York Homeownership Survey conducted by the Siena Research Institute show that a great majority of New Yorkers consider homeownership to be a quintessential piece of the American Dream, but one that has become increasingly difficult to achieve and maintain in the Empire State," said NYSAR President Hank Fries. "The American Dream of homeownership is in danger here in the Empire State due to unfettered property tax increases, high closing costs and real estate transaction taxes."

Fries went on to say that New York State lawmakers should act to stem this tide. "Today, New York REALTORS, on behalf of our fellow Empire State residents, continue to urge Albany lawmakers to enact structural reforms to the tax system that will foster tax savings for property owners. Every step the state takes toward lower homeownership taxes is a step toward restoring the state's quality of life and economic vitality."

New York State Association of REALTORS®, Inc.
130 Washington Avenue, Albany, NY 12210
Phone: 518.463.0300 Fax: 518.462.5474
www.nysar.com

New York State REALTOR® digital magazine archives