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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Winfastorlose who wrote (6643)2/1/2019 8:18:30 PM
From: Kirk ©  Respond to of 26758
 
Thanks... I agree with that somewhat... The government would also have to pay higher interest rates on bonds too.

I think inflation here, if you correctly count for cost to replace AND pay the higher taxes might be even higher... but 50% in the last 5 yrs is probably about right. Thanks to Google, Facebook, Apple, Tesla, Salesforce.com, Teva, etc. etc. etc.

I own a house on 1/4 acre in Los Altos, California so the huge appreciation makes up for a lot of the under reported inflation. Sadly, I'd own over $1M in taxes to sell now and move to a smaller place in a less desirable neighborhood since Bay Area housing went up so much... that it makes no sense to cash in and downsize... It is weird. The good news is my personal inflation is low as long as I remain healthy.

BTW, the better realtors say a few unicorns ($1B+ pre IPO companies) should go public this year so they expect at least one more big spurt in cost for homes in nice locations when that money hits the local real estate market.



To: Winfastorlose who wrote (6643)2/6/2019 3:49:32 PM
From: Kirk ©  Respond to of 26758
 
Follow the money.... The NYT stock has nearly tripled since Trump was elected in November 2016! They are making a bundle writing for the people who hate him! LOL