indexfundfan @ indextown

Here’s an interesting article of the unexpected consequence of raising taxes on the rich. Maryland finds that it couldn’t balance its budget last year, so the state decides to increase taxes on the wealthy to close the shortfall. Here’s what happened one year later.
One-third of the millionaires have disappeared from Maryland tax rolls. In 2008 [...]

Lately, I have been visiting open houses in Silicon Valley (San Francisco bay area), and I have spent quite some time talking to the real estate agents hosting the open houses. Like everywhere else in the U.S., the housing market has slowed considerably in the bay area, and I find that the agents are spending [...]

I have been looking at some houses recently. In my area (San Francisco bay area), houses are sitting longer in the market. I noticed that several houses, upon reaching 60 ~ 70 days in the market were re-listed. The ironic thing is that some listing agents would add “Hot listing! This house would not last [...]