Taylor Swift tax on real estate coming to a city near you

Taylor Swift tax on real estate coming to a city near you

A new push by states to tax the real estate of the wealthy is going nationwide with cities across the country looking at expensive second homes as the gold mine to solve all their social problems. What is the new “Taylor Swift Tax”? What are some of the new proposals...
Why will Real estate  outperform in the next cycle          

Why will Real estate outperform in the next cycle          

First, Happy Thanksgiving.  I hope everyone has a great holiday season.  As you sit around the table this year, there is plenty to talk about and debate (including this blog ).  Check out the screenshot above of the headlines on Bloomberg.  Depending on which headline...
Big changes in property rights from the election- what city made 100m from the election?

Big changes in property rights from the election- what city made 100m from the election?

Although all eyes and media coverage was on the supposed “blue wave” on election day, the real story are the huge changes in property rights throughout the Country.  Did Nantucket vote to continue an effective ban on nightly rentals?  Did Vail pass a 17% tax on...
Fed drops rates, why did mortgage rates barely budge

Fed drops rates, why did mortgage rates barely budge

    The federal reserve lowers interest rates and signals two more reductions the remainder of the year.  At the same time mortgage rates are barely moving.  Why are mortgage rates having such a large disconnect with the Federal Reserve.  Will rates continue...
Airbnb just quietly changed the rules and the impacts are huge

Airbnb just quietly changed the rules and the impacts are huge

Starting Sept 8th, Airbnb has radically altered the payment terms for all hosts. What was in the little change with huge impacts?  How does this impact every property owner?  Will it still be profitable for owners to use Airbnb?  What are the three changes and what...
NY nightly rentals plummet 90%, rents skyrocket

NY nightly rentals plummet 90%, rents skyrocket

  In every nightly rental discussion throughout the country, there is this theory that nightly rentals are increasing rents and pricing out locals.  How true is this statement?  What happened in NY when nightly rental were severely restricted?  What has happened in...