The proposed real estate transfer fees in Governor Healey’s housing package would allow Massachusetts municipalities to charge a fee on residential sales over $1 million or a county’s median sale price, with the revenue going toward affordable housing. Several industry groups have pushed back on the proposal citing the potential for slower property sales and negative impacts on commercial real estate. — Boston Business Journal
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Boston Business Journal: “Industry groups attack Healey’s proposed real estate transfer fees”
May 14, 2024