The California Association of Realtors is pushing a new proposal: C.A.R.’s Portability Initiative would allow homeowners 55 years of age or older to transfer some of their Proposition 13 property tax base to a home of any price, located anywhere in the state, any...
For tax reform to be implemented, our politicians will need to negotiate and compromise on the existing terms:
If I were a local politician, I'd like to preserve either the M.I.D. or the state and local taxes - or at least include the property-tax deduction up to $10,000 - and compromise on the other changes Use the slogan, "If California tanks, the whole country tanks!
In September, I touched on the Big Stagnation: https://www.bubbleinfo.com/2017/09/02/the-big-stagnation/ Just talking about the GOP tax changes could slow down the market. Because the N.A.R. and others are suggesting publicly that home values could drop 5% to...
The 15 new housing laws were signed by Jerry Brown on Friday, and it sure seems like the politicians were intent on throwing everything and the kitchen sink at the so-called housing crisis. But as you read through the bills, and listen to the Governor above, how...
Here is the N.A.R. press release on Trump's tax reform, and reiterates the same threat that home values will plummet if the M.I.D. goes away: WASHINGTON (September 27, 2017) – A group of legislators and administration leaders known as the “Big 6” today released an...
This article adds the numbers. We need to build at least three times as many homes as we've been building to keep up with the growth - and no telling what that would do to prices, if anything:...
More on the Blue Line trolley extension: On September 14, 2016, the top transit official in the United States committed $1 billion toward building the San Diego region’s newest trolley line, signing an agreement that will provide 50 percent of the funds to extend the...
Hope your movers have a flexible schedule....
Climate change has been hotly contested, and who knows what the eventual outcome will be. It's unlikely that we will have to worry about any possible effects, but your kids might - and look out Mission Beach! Hat tip daytrip!...
