The new tax law and its impact on Texas and Florida...
This is a very interesting opinion on the new tax reform law by Jared Dillian:
My prediction: Over time, New York City will lose its status as the intellectual and cultural capital of America.
The real estate market in California, at stretched valuations, will suffer. Minnesota, Oregon, Iowa, Maine and others will also feel the pain.
Florida and Texas will become the new centers of finance and innovation, with real estate values in Austin and Miami — and even Nashville — reaching valuations once reserved for California and New York over the course of a few decades.
I guess that elections have consequences!
Source: http://cantotalk.blogspot.com/2018/01/the-new-tax-law-and-its-impact-on-texas.html
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