Real estate
What tax hit? San Francisco housing heating up as tech IPOs loom
Demand expected to outweigh concerns that US tax revamp will hit home prices
Housing in America’s most expensive region is going to get even pricier.
For all the talk of the US tax overhaul hitting wealthy blue-state real estate, the San Francisco Bay area is set for more home-price gains. Its technology-fueled economy and persistent housing shortage are sending values ever higher – and that may get even more pronounced as tech share sales mint millionaires in San Francisco and Silicon Valley.
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