Episode Details
Back to Episodes
Dolly and Jenny Lenz on Luxury Housing Risk as New York Eyes New Taxes
Description
Dolly Lenz and Jenny Lenz warn that New York City’s luxury housing market could cool sharply as lawmakers consider a recurring tax on high‑value second homes. They discuss pushback from high‑net‑worth buyers and developers like SL Green (SLG), along with risks of capital flight to lower‑tax regions. The duo also examines regional divergence in housing demand, rising insurance pressures, and why buyers continue to favor new construction over existing inventory.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about