Category Archives: Uncategorized

The Face of Homelessness

The Face of Homelessness

I’ve befriended a homeless guy. His name is Kenny – a Vietnam vet with family out of state, lived in his own apartment and worked decades for an aerospace company before retiring in 2012. At which time, for reasons that still aren’t quite clear, Kenny became homeless. He currently hangs out on the street by … Continue reading The Face of Homelessness

Are Home Prices on a Collision Course with Tax Reform?

Are Home Prices on a Collision Course with Tax Reform?

Tax reform legislation signed into law just before Christmas will have ramifications for virtually every taxpayer. Two features are particularly important with respect to their direct impact on the housing market: limiting deduction of mortgage interest on new loans in excess of $750,000, and deduction of state and local taxes (SALT, including state/local income and … Continue reading Are Home Prices on a Collision Course with Tax Reform?

PACE Financing:  History and Value Ramifications

PACE Financing:  History and Value Ramifications

PACE ia an acronym for Property Assessed Clean Energy, a relatively new and somewhat innovative financing mechanism for energy efficiency, renewable energy and water conservation projects (think insulation, replacement windows and photo-voltaic solar systems as typical examples).  While PACE is effectively a loan, it is repaid as an assessment on an owner’s property tax bill, … Continue reading PACE Financing:  History and Value Ramifications