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The Independent UK
The Independent UK
National
Morgan Lee

Santa Fe voters approve tax on mansions as housing prices soar

Santa Fe
Copyright 2023 The Associated Press. All rights reserved.

Voters have approved a tax on mansions to pay for affordable housing initiatives in New Mexico's capital city of Santa Fe.

Uncertified election results on Wednesday show that nearly three-fourths of ballots were cast in favor of the new tax on home sales of over $1 million, in a city prized for its high-desert vistas, vibrant arts scene and stucco architecture.

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