Cape Cod has an affordable housing problem. Could taxing the wealthy fix it?

Cape Cod has an affordable housing problem. Could taxing the wealthy fix it?

Cape Cod is considering taxing luxury home sales to address its housing crisis.Guido Cozzi/Atlantide Phototravel/Getty ImagesCape Cod is proposing a 2% tax on luxury home sales over $2 million to combat its affordable housing crisis.A local real estate agent says sellers are already panicking.Cape Cod isn't the only area to introduce legislation to tax wealthier residents' properties.Cape Cod may be a hotspot for wealthy vacationers, but year-ro…