@WallStreetApes Doubling = increased Inflation, real estate taxes, water sewer taxes, insurance, repair costs, maintenance costs + increased cost to buy a property. All adds up fast in just 10 yrs
@realfrugalmogul Fair, but what about covering increases in RE taxes, water-sewer taxes, insurance, higher material and labor costs for repairs. Factor in inflation and you are potentially taking a 5-10% haircut on your cash flow each year.
@shawngorham If selling price is legit, yes. If it sells quick it’s a solid single. Stretch it into a double if it goes over ask the first weekend. Risky business
Lexington is a warning sign.
Even after passing a property tax override, they’re still laying off teachers and making painful cuts because the math doesn’t work anymore.
Local aid has been stagnant for 20 years while costs keep rising. As governor, I’ll audit state government, cut the waste, and redirect $1 billion to unrestricted local aid so cities and towns don’t have to keep going back to taxpayers with override votes
Read more here: https://t.co/kZqZKX8I4S #mapoli #magov
@garysavage1 Are you a fan of log scale trend analysis? There are some log scale charts showing gold broke a long term log scale support trend line recently.
This is one of those articles that people should actually read start to finish!!!
Companies leaving. Residents leaving. Colleges closing. Hospitals struggling. Federal funding shifting elsewhere.
At some point, this stops being a collection of headlines and starts becoming a pattern.
Massachusetts has always relied on a few key strengths: higher ed, healthcare, and biotech. If all three are under pressure at the same time, that’s not a normal cycle. That’s something bigger.
https://t.co/4EUvM6DRcX
IRS 2023 net gains by state:
🔴 Trump states gained $37.2 B.
🔵 Harris states lost $40.8 B.
🔴 FL $+20.6B
🔴 TX $+5.3B
🔴 SC $+4.1B
🔴 NC $+3.9B
🔴 TN $+2.7B
🔴 AZ $+2.7B
🔴 NV $+1.5B
🔴 ID $+981M
🔵 NH $+743M
🔴 GA $+678M
🔵 CO $+671M
🔵 DE $+562M
🔴 AL $+545M
🔴 MT $+499M
🔵 ME $+494M
🔴 UT $+460M
🔴 AR $+446M
🔴 SD $+258M
🔴 OK $+251M
🔴 WY $+145M
🔵 VT $+87M
🔵 RI $+34M
🔵 HI $+11M
🔴 WV $+10M
🔴 MS $-65M
🔵 NM $-85M
🔴 WI $-109M
🔴 KY $-121M
🔴 ND $-145M
🔴 AK $-211M
🔴 MO $-235M
🔴 NE $-246M
🔴 IA $-271M
🔴 IN $-353M
🔴 KS $-369M
🔵 CT $-495M
🔵 OR $-526M
🔵 WA $-549M
🔴 LA $-806M
🔵 DC $-864M
🔵 VA $-935M
🔴 MI $-1.0B
🔵 MN $-1.5B
🔴 OH $-1.7B
🔵 MD $-1.9B
🔴 PA $-2.3B
🔵 NJ $-2.8B
🔵 MA $-4.2B
🔵 IL $-6.1B
🔵 NY $-10.6B
🔵 CA $-12.9B
Net AGI from IRS migration 2022–23.
It's done.
13 years after the Celtics traded Paul Pierce and Kevin Garnett to Brooklyn for players and 1st round picks, those first two picks are now both top 10 scorers in franchise history.
Democratic legislators just voted themselves almost a 300% increase in salaries. https://t.co/7lI3DUxX5h They will need it. They are moving to increase taxes on ride shares, concerts, counseling, leaf blowers, Amazon deliveries, Door Dash, Uber Eats, ammunition, and other areas.