Real estate experts blast Mamdani’s math-defying tax plan, warn of higher rents and flight NYC Mayor Mamdani threatens a 9.5% property tax hike to close a $5.4 billion budget gap unless Albany taxes the ultra-wealthy, sparking real estate market concerns. Orignial Source: https://www.foxbusiness.com/politics/real-estate-experts-blast-mamdanis-math-defying-tax-warn-higher-rents-flight Previous article: O’Leary blasts California wealth tax as ‘bad management,’ calls on residents to 'hire' new leaders Prev Next article: Walmart customers seeking value drive sales higher Next