Fresh off a dominant reelection bid, Boston Mayor Michelle Wu is gearing up for a renewed test of her political capital. This week, Wu restarted her public push to shift more of the city’s tax burden onto commercial real estate in order to provide savings for residential homeowners.

This effort has been stymied by state lawmakers twice already. Now, Wu is hoping that the third time is the charm on Beacon Hill.

Boston is heavily reliant on property taxes, which fund about 70% of the city’s budget. When the COVID-19 pandemic caused high office vacancy rates, commercial property values began to fall and residential property values rose. Over the past few years, a number of other factors have continued this trend. As a result, residential property owners were hit by a sharp spike in their

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