When President Trump signed the Opportunity Zone program into law as part of the 2017 tax overhaul, the administration said the goal was to incentivize investment in economically distressed areas.
miami will be underwater in the next century. this has been a psa
oldschool trick
Is this one of the areas that Jared and Ivanka bought into before they served on the 'committee' to determine which low-income areas will get tax breaks?
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Luxury home sales see biggest slump in nearly a decadeThe nation's priciest properties are in far less demand this year, and that is taking a toll on their value. Sales of homes listed at $2 million and above fell 16% in the first quarter, the sharpest annual decline since 2010, according to Redfin, a real estate brokerage. This as the supply of those homes rose 14%, marking four straight quarters of annual increases in inventory. Younger people have seen what decaying status symbols look like during economic downturns. High maintenance cash draining monuments are simply stupid 'Nonluxury homes saw their average price rise 2.7% annually to $300,000.' $300,000. Nonluxury.
Source: CNBC - 🏆 12. / 72 Read more »