The following video aired this morning on News 12 NJ. Make sure you watch the whole video including the interview with a local shore Realtor. He actually admits that Realtors lost HALF of their business and they need this tax to get the business back! So much for letting the market decide. He also fails to mention that they charge 12% commission….so there’s actually no savings for renters. Just more money going into their pockets.
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