Will Government Tax Policy Crash the Real Estate Bubble in Las Vegas? Cate CiplakMay 1, 2021May 1, 2023 May 1, 2021May 1, 2023 Las Vegas real estate agents Todd and Oana discuss if there is a bubble in the Las Vegas real estate market and whether or not government tax policy will cause the market to crash. Numerous proposals by President Biden, as well as tax policy of California is causing a lot of people to leave for Las Vegas and other markets. There has been proposals to increase taxes on capital gains, and also remove the 1031 exchange tax advantages. Additionally, California tax policy has made it difficult for people buying houses in most of coastal California to be able to afford to buy and live in those markets, so many people have decided to buy investment and owner occupied homes in the Las Vegas real estate market. There is certainly a slight bubble building and just the mention of increasing taxes on holders of real estate has caused people to alter their investment plans. Also people have decided to make alternative investments from assets like stocks and bonds into real estate and cryptocurrency where capital gains taxes can be deferred or not paid at all. Here is a link to the article I mentioned in the video about people moving to Las Vegas from California. https://www.wsj.com/articles/these-ho… Leave a ReplyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Why the Baby Boomer Silver Wave won’t happen Todd MillerMarch 5, 2024March 5, 2024 Why the Housing Crash hasn’t Happened Yet Todd MillerMarch 5, 2024March 5, 2024 The Myth of the Housing Bubble Todd MillerFebruary 22, 2024March 5, 2024 Pets Buying Houses? Home Buyers Care More About Their Pets! Cate CiplakJune 15, 2023June 15, 2023 Three Tips to PAY OFF Your Mortgage Early! Cate CiplakJune 14, 2023June 15, 2023 Assumable Mortgages: Can you Actually Buy a House with an Assumable Loan! Cate CiplakJune 13, 2023June 15, 2023 Las Vegas Housing Market Update! Crystal Ball Episode Cate CiplakJune 12, 2023June 15, 2023 We Called it. Home Prices Did NOT Crash! Prices Still Going UP! Cate CiplakJune 11, 2023June 15, 2023 Will There Be a RECESSION in 2023? Chance of Recession in Next 12 Months! Cate CiplakJune 10, 2023June 15, 2023 Home Prices UP 20%? Barbara Corcoran Predicts “Home Buying Frenzy” Cate CiplakJune 9, 2023June 9, 2023 $800B Fund Buying Homes in the US: Middle Eastern Sovreign Wealth Fund Cate CiplakJune 8, 2023June 8, 2023 How Many Homes are Free and Clear? Las Vegas Owners vs Renters Cate CiplakJune 7, 2023June 7, 2023 Tips to PAY OFF a Loan Early! Cate CiplakJune 6, 2023June 6, 2023 Las Vegas Real Estate News: June 2023 Housing Update Cate CiplakJune 5, 2023June 5, 2023 Excessive Credit Card Debt Crashes Housing Market? Cate CiplakJune 4, 2023June 5, 2023 How Far Will Home Prices Crash in the Upcoming Recession? Cate CiplakJune 3, 2023June 5, 2023 The TRUTH About The Upcoming Foreclosure Crisis: Will Housing Crash? Cate CiplakJune 2, 2023June 5, 2023 Elon Musk Predicts “Real Estate Meltdown”: Says Home Values will Crash Cate CiplakJune 1, 2023June 5, 2023 Housing Crash CANCELLED: Home Prices are UP 2022-2023! Cate CiplakMay 31, 2023May 31, 2023 Should You Buy a House in 2023 or 2024? Is It a Good Time to Buy a House? Cate CiplakMay 30, 2023May 30, 2023
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