Tag

effect

Will “Minneapolis 2040” Turn the City Into Houston? Or Maybe Mumbai?

(Just a Little) Recreational Reading for Policy Wonks [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] I’m sure I’m not the only Minneapolis Realtor who’s now fielding questions from concerned clients...
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Term of the Day: “SALT Deductions”

Red States, Blue Cities I’ve been filing my taxes for a couple of decades now, and once upon a time was even a CPA. Still, I’d never heard the term “SALT deductions” until yesterday (it’s an acronym for “state and local tax deductions”). Wanna guess what one of the biggest bones of contention in the...
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Return of the Neighborhood Realtor

Stuck in Place I wouldn’t say we’re there yet, but . . . if Twin Cities traffic congestion continues to worsen, I see some side effects for the local housing market, and in particular, successful area Realtors who want to stay that way. Namely, it will (once again) be smart — and more lucrative — to...
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Rise of the Have-Not’s — and their Avatar(s)

Brexit’s Aftermath:  Referendum Contagion? It’s bigger than Trump. That’s the instant, inescapable, and more than a little harrowing takeaway from Britain’s vote Thursday to leave the European Union (“Brexit”). What’s less clear:  1) how far will the pendulum swing towards protectionism?; 2) who will be the leaders of this nascent movement?; and 3) whose agenda(s)...
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Now, Brussels. . . .

[Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] While the world awaits details of the latest terrorist horror in Brussels, two knee-jerk responses:  1) the Government vs. Apple pendulum just got a big shove in the direction of...
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Mistaking Cause & Effect: Warren Buffett and the Role of Panic in The 2008 Crash

[Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  Berkshire Hathaway is the ultimate parent company of Edina Realty.] Aficionados of Warren Buffett’s annual missive to shareholders (I’m one) will recall that last year’s included a doozy:  Buffett’s advice...
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