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Showing posts from May, 2021

Inflation, Taxes Rising Real Estate Prices

 It has been a month of watching real estate prices move up in dramatic fashion and forecasters commenting on the top and or commenting it will continue to rise and go higher.  Interest rates are slowly rising and the cost of gas increasing at every fill.  My wife is constantly complaining after her Friday shopping at the cost of bread and milk.  Real Estate does not have the full attention either!  Stock keep on hitting new highs with the same diverse commentary as real estate prices.  Berkshire Hathaway common stock has hit a price that the quotation service cannot record it any longer; unless the stock is split.  Warren says "no"! The new administration's spending habit has gotten to a point that what has been spent has to be funded.  What has been heralded as  "Tax the Rich" has turned out to be a double edged sword for real estate, home owners and everyday real estate investors, called "Mom and Pop" enterprises.  The "American Families Plan&q