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Date update: 2018-01-11
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Date added: 2018-01-11
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Information about site BURBED.COM ASN: AS26347

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Burbed: San Francisco Bay Area, Silicon Valley House Price and Mortgage Insanity Blog

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December 28, 2017 Republican Tax Plan: Screw You, Blue States! Thanks to Burbed reader Real Estater for suggesting this as a topic for discussion. Let’s review the many ways the new tax plan is gunning for Silicon Valley, Hollywood, SF, and all the engines of prosperity California provides. By limiting SALT (that’s State And Local Taxes) deductibility to $10,000, every homeowner who bought more recently than 1987 just got a kick in the Schedule Effing A. And with that top bracket of 13.3% the most compensated will notice a corresponding Federal tax increase as well. Next, what will this do to real estate prices? Only $750,000 of mortgage is now deductible. What can you get for around $950,000 (assuming a 20% down payment) in the Bay Area? Certainly not the luxury homes the angrybois on social media imagine. Maybe a crapbox in South San Jose? A condo in Santa Clara? A sleeping bag under the porch in Menlo Park? And what will happen when the powerhouses of the US


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Indexed 335 Domain mirrors 0
Domains on same IP 1 Backlinks 2320
Referring domains 106 External links 15999
References to other sites 788 Found anchor 97
External anchor 1582 iGood donors 106350
Referring IPs 80 Referring Subnets 76
Alexa Rank 12211857 Alexa Links: 81

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