Premium Only Content
San Francisco Feels a Tax-Base Chill With First Drop in 25 Years | Seattle Real Estate Podcast
For the first time in more than 25 years, San Francisco is forecasting that its property tax base will fall -- a decline that reflects the tough straits of the city that is among the hardest hit by the pandemic downturn.
That tax base, the real estate values the city uses to calculate taxes, rarely drops even in the worst of times, thanks to a quirk in California law dating back to 1978. Not even the dot-com bust or the 2008 financial crisis was capable of nudging it lower.
But the virus that drove out residents and kept tourists away will likely make this downturn different. The city controller’s office estimates that San Francisco’s commercial and residential property tax base fell 0.46% over 2020, a decline that would translate to a $7.8 million drop in revenue for the fiscal year beginning in July.
Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.
🔔Join this channel to get access to perks 👇
https://www.youtube.com/channel/UCHm8vWol8eNjTJZSjq2jaLQ/join
-------------------------------------------------------------------------------------------------------
🔥🔥 𝑺𝒆𝒂𝒕𝒕𝒍𝒆 𝑹𝒆𝒂𝒍 𝑬𝒔𝒕𝒂𝒕𝒆 𝑷𝒐𝒅𝒄𝒂𝒔𝒕 🔥🔥
►💎iTUNES
https://apple.co/2MkFziJ
►💎SPOTIFY
https://spoti.fi/2Dh8EoL
►💎STICHER
https://bit.ly/2FDK0QC
►🏡JOIN SUMMIT PROPERTIES NW
Website: https://summitpropertiesnw.com/career/
High 80/20 Split, Zero Fees, and a Low $10,000 Cap!
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
✔ SUBSCRIBE 📣HIT BELL! ✔LIKE ✔COMMENT
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
★ REACH OUT TO ME ★
►✅Follow Us - Facebook: https://facebook.com/summitpropertiesnw/
►✅Follow Us - Instagram: https://instagram.com/summitpropertiesnw/
►✅Follow Us - LinkedIn: https://linkedin.com/company/summit-properties-nw-llc/
►✅Email Us - sean@seattlerealestatepodcast.com
#SeattleRealEstate #HousingMarket #Podcast
-
20:45
News For Reasonable People
1 day agoAnother San Francisco Grocery Store Closes Citing Theft, Safety
2054 -
23:55
CartierFamily
3 days agoElon & Vivek TRIGGER Congress as DOGE SHUTS DOWN Government
54.7K73 -
5:43:44
Scammer Payback
2 days agoCalling Scammers Live
141K21 -
18:38
VSiNLive
2 days agoProfessional Gambler Steve Fezzik LOVES this UNDERVALUED Point Spread!
104K17 -
LIVE
Right Side Broadcasting Network
10 days agoLIVE REPLAY: President Donald J. Trump Keynotes TPUSA’s AmFest 2024 Conference - 12/22/24
5,181 watching -
4:31
CoachTY
23 hours ago $27.59 earnedCOINBASE AND DESCI !!!!
147K11 -
10:02
MichaelBisping
22 hours agoBISPING: "Was FURY ROBBED?!" | Oleksandr Usyk vs Tyson Fury 2 INSTANT REACTION
76.8K13 -
8:08
Guns & Gadgets 2nd Amendment News
2 days ago16 States Join Forces To Sue Firearm Manufacturers Out of Business - 1st Target = GLOCK
104K86 -
10:17
Dermatologist Dr. Dustin Portela
2 days ago $18.00 earnedOlay Cleansing Melts: Dermatologist's Honest Review
143K14 -
1:02:20
Trumpet Daily
2 days ago $44.35 earnedObama’s Fake World Comes Crashing Down - Trumpet Daily | Dec. 20, 2024
99.9K61