The Impact of Governmental Action or Inaction on Real Estate Markets

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The Impact of Governmental Action or Inaction on Real Estate Markets

Nearly all governmental action or inaction impacts markets, and this article about expensive houses in the Hamptons is a perfect example, as it describes how sellers are trying to settle prior to the increase in long-term capital gains taxes scheduled to take effect on January 1, 2013.

http://www.dailymail.co.uk/news/article-2243564/Firesale-Hamptons-estates-owners-try-unload-multimillion-dollar-homes-years-end.html

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This entry was posted on Thursday, December 13th, 2012 at 1:06 pm and is filed under market trends. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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