Morning Brew Daily NYC’s Second Home Tax Picks Up Steam & Is LIV Golf About to Collapse?
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Apr 17, 2026 A heated look at New York’s proposed tax on luxury second homes and the revenue strategy behind it. Yale’s self-review on admissions, tuition eligibility, and grade inflation sparks debate. Markets hit record highs as war, earnings, and AI drive rallies while a handful of tech names dominate. Rumors swirl that LIV Golf’s funding may be unraveling and what that means for professional golf.
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Tax Could Warping Luxury Housing Market
- Real estate groups warn the tax will push sellers to price units just under $5M and redirect wealthy buyers to tax-friendlier states.
- That could reduce demand, chill construction, and paradoxically tighten NYC housing supply.
Yale Says Universities Caused Trust Crisis
- Yale's committee blames universities for declining public trust due to cost, opaque admissions, and speech restrictions.
- It urges clearer missions, tuition-free eligibility expansion, and stricter academic admission standards to restore confidence.
Publish Clear Tuition Eligibility To Build Trust
- Expand transparent tuition policies like Yale's pledge to make attendance tuition-free for families earning up to $200K.
- Clear, upfront cost commitments help rebuild trust and reduce sticker-price confusion for applicants.