NYSAR CEO Duncan MacKenzie speaks out supporting tax cap extension

NYSAR played a critical role in passing New York State’s property tax cap in 2011 and is continuing to push for its extension as negotiations continue in Albany. NYSAR CEO Duncan MacKenzie was invited to speak on this issue and other REALTOR priorities on Time Warner Cable News’ Capital Tonight.

MacKenzie reiterated the importance of a tax cap and keeping costs down for homeowners and buyers saying, "Property taxes in New York play a big role in that final cost and what you are going to pay every month." The tax cap has stabilized New York’s property taxes and now additional steps should be taken to further incentivize homeownership. The full interview can be seen here.