No exodus from California despite pressure from new fed tax plan: real estate pros

While homeowners in high-tax states like New York and New Jersey may be packing their bags to move to Florida and Texas, real estate professionals in California say they are not seeing an exodus spurred by changes to the federal tax code. But the new rules could have a “chilling effect” on asking prices for homes in the state, and lead many residents to decide to rent instead of own their homes, one private wealth […]Cross Post,Home Page,real estate taxes,Residential Real Estatehttps://therealdeal.com/la/2018/07/12/no-exodus-from-california-despite-pressure-from-new-fed-tax-plan-real-estate-pros/#new_tab