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Thursday, May 24, 2018

How Will San Francisco’s Proposed Tax Changes Affect Luxury Real Estate? - Mansion Global

How Will San Francisco’s Proposed Tax Changes Affect Luxury Real Estate? - Mansion Global: Q: How could the ballot proposition California is voting on in November affect property taxes on luxury homes?

A: The Property Tax Fairness Initiative, sponsored by the California Association of Realtors, will have “no direct impact on the luxury market” as a whole, said Daniel Leer, a lawyer with an eponymous law firm in Pleasant Hill, California, about 28 miles east of San Francisco. But it may make a big difference in the mobility of Baby Boomers in the state.

The proposition’s intent is to “expand the options for those 55 and older,” he said. It would amend the state’s Proposition 13, which was passed in 1978 and capped property tax increases at 1% throughout California, and generally said, properties could only be reassessed between sales.

Real Estate Experts Predict Recession In 2020 | GlobeSt.com

Real Estate Experts Predict Recession In 2020 | GlobeSt.com: SEATTLE–The next US recession will be in 2020 and it will likely be triggered by monetary policy, according to most recent Zillow Home Price Expectations quarterly survey of more than 100 US real estate experts, which is conducted by Pulsenomics.

Almost half (48%) of those surveyed said they expected the next recession to occur some time in 2020, with the largest portion of those (22% of all respondents) saying they expected that recession to begin in the first quarter of that year. Roughly a quarter (24%) of all respondents said they expected the next recession some time in 2019, while 14% said they thought 2021 was the year.

Real estate still driving Egypt’s construction market | Meed

Real estate still driving Egypt’s construction market | Meed: While challenges remain, many contractors are optimistic about the major schemes pressing ahead in the second half of 2018

Ex Paypal COO: Blockchain Can Resolve the Real Estate Illiquidity Issue | [blokt] - Blockchain, Bitcoin & Cryptocurrency News

Ex Paypal COO: Blockchain Can Resolve the Real Estate Illiquidity Issue | [blokt] - Blockchain, Bitcoin & Cryptocurrency News: Blockchain Technology has a broad spectrum of applicability at a corporate level that goes beyond the financial sector. Furthermore, Blockchain can be a perfect solution to address the demand for secure, traceable and integrated property information.