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Proposition 19: Death Tax & Proposition 13 Slow Elimination
The average Silicon Valley Homeowner used to be able to leave his home to his children as part of his estate planning. There were tax advantages just as there are for inherited 401k plans. Many parents hope to create a family home or business that will help their children and possibly their grandchildren. Proposition 19,…
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House Prices Return To All-Time High In Cupertino
In the first and second quarters of 2022 Cupertino house prices reached an all-time high as buyers purchased before an expected interest rate increase. Prices then dropped until the first quarter of 2023. Then, even during a year of interest rate increases, house prices have risen from their fourth-quarter 2022 low back to their all-time…
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Venture Capital Is Growing In Silicon Valley
The news media has reported both tech companies and venture capital firms leaving Silicon Valley. Indeed the percentage of all US venture capital activity has declined in the Bay Area over the last decade. However end of year 2020 venture capital data (from PitchBook) shows over 2,500 VC deals completed in the Bay Area which…