Will YIMBY Create Increased Condo Demand?

A recent look at YIMBY vs NIMBY said that a person’s attitude about high-density housing was strongly affected by how urban centers were widely viewed when that person was about 18. Boomers were about 18 years old at a time when urban centers had numerous...

High Interest Rates Make New Home Construction Less Feasible

The city of San Jose just released a report titled “Residential Feasibility Analysis” that compares expected construction costs with the value of the construction. The report says the total estimated development costs have increased by approximately 12-13%...

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...

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)...

Renting Out Your Condo or Townhouse

Assembly Bill 3182 (Civil Code Section 4740 and Civil Code Section 4741) limits the restrictions common interest developments may impose on offering units for rent. It took effect Jan 1, 2021. A common interest development may cap the number of rentals to 25% or...