It’s the SALT tax, stupid: Here’s why luxury home sales have surged

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It’s the SALT tax, stupid: Here’s why luxury home sales have surged Sales volume of Miami Beach homes in particular jumped 161%; agents, developers target high-tax markets to keep that going

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2016: The Year in review. dec 31st. However its’ international driven growth has recently stopped in its tracks because of a new tax on foreign real estate investors. Its tax policy is in international courts because of treaty violations so not sure where it will go from here. Why they are.

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Middle-class consumers have a different approach, she says. "They buy when the price is right and wait when the price isn’t. But poor people don’t have that luxury." Another way of looking at this would be quality. Because higher quality things tend to cost more, someone without the funds may opt for low-quality items, or used items.

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