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Wealthy Homeowners

All articles tagged with #wealthy homeowners

Wealthy Homeowners React to Proposed 'Taylor Swift Tax' Expansion

Originally Published 4 months ago — by CNBC

Featured image for Wealthy Homeowners React to Proposed 'Taylor Swift Tax' Expansion
Source: CNBC

States like Rhode Island and Montana are implementing new taxes on luxury and second homes owned by the wealthy, including a notable 'Taylor Swift Tax' in Rhode Island, aiming to increase revenue but facing criticism for potentially discouraging high-net-worth individuals from owning or purchasing property in these areas, which could impact local economies and housing markets.

nationworldluxury-real-estatemontanaproperty-taxesrhode-islandwealthy-homeownersworld

"Palm Beach Housekeepers Earn $150K Amid Wealthy Demand Surge"

Originally Published 1 year ago — by CNBC

Featured image for "Palm Beach Housekeepers Earn $150K Amid Wealthy Demand Surge"
Source: CNBC

Housekeepers in Palm Beach, Florida, are earning up to $150,000 annually due to a surge in demand from wealthy homeowners relocating from high-tax states. The shortage of qualified housekeepers has led to bidding wars and significantly increased wages, with some executive housekeepers earning up to $250,000. Staffing agencies are struggling to meet the demand, and there is consideration of launching specialized training programs to address the shortage.

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