A so-called "mansion tax" is under consideration by the Chatham Board of Selectmen to address the town's housing shortage.
The Cape Cod Chronicle reports Selectman Jeffry Dykens floated the idea of a real estate transfer tax for properties over two-million dollars at a meeting this week. Some board members expressed support, and it was agreed that there would be continuing discussion.
The transfer tax would require town meeting approval and special legislation.
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