The City Is $5.4 Billion Short and the First Plan Was to Raise Your Property Taxes | Daily Tesla News

New York City is facing a budget shortfall estimated at $5.4 billion by the Mayor's office and $5.9 billion by the city's Independent Budget Office…

Japanese Firms Just Bought 23 American Homebuilders and Are on Track to Control 6% of US Construction | Daily Tesla News

Japanese homebuilding companies have been acquiring American homebuilders at an accelerating pace. According to the Wall Street Journal, CNBC, and ResiClub, Japanese firms have acquired…

Brooklyn Homeownership Costs Now Eat 108% of the Average Paycheck | Daily Tesla News

ATTOM data reveals Kings County (Brooklyn) tops the national homeownership cost list at 108.6% of the average paycheck. With median listing prices exceeding $1 million…

56% of NYC Buyers Are Now Buying With a Co-Buyer Because They Cannot Afford to Do It Alone | Daily Tesla News

A 2025 Buyer Trends Survey by StreetEasy found that 56% of prospective homebuyers in New York City are now planning to purchase with a co-buyer.…

PMI Is Tax Deductible Again Starting This Year | Daily Tesla News

Private mortgage insurance premiums are tax deductible again on federal returns starting in tax year 2026. The deduction was reinstated permanently as part of the…

The City Just Admitted 62% of New Yorkers Cannot Afford to Live Here | Daily Tesla News

The NYC Mayor's Office just released its True Cost of Living report, and the numbers are staggering. A family with children in New York City…

Over 1 Million NYC CoOp and Condo Owners Just Formed a Group Because the City Has Been Ignoring Them | Daily Tesla News

A coalition of co-op and condo owners from across the five boroughs have formed Co-ops and Condos United of NY, a grassroots advocacy group representing…

You Need to Make $180,000 a Year Just to Afford the Median Rent in NYC | Daily Tesla News

According to Zumper's 2026 rent data, the median rent across all five boroughs of New York City is $4,500 per month. Using the standard 30%…

New York Has the Lowest Homeownership Rate of Any State in the Country | Daily Tesla News

New York State has the lowest homeownership rate of any state in the United States. According to The Real Deal, nearly 70% of New York…

The Budget Deadline Is Tomorrow and They Are Going to Miss It Again | Daily Tesla News

New York State is about to miss its budget deadline for the fifth consecutive year under Governor Hochul. Multiple proposals remain unresolved, from climate law…

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