The San Francisco Business Times quoted Regional Managing Partner Jeff Pera in an article about how new federal, state, and local tax laws are impacting the Bay Area housing market.
San Francisco Business Times
By Mark Calvey
At accounting firm Marcum, some wealthy clients are already selling their Bay Area homes and renting, taking advantage of today’s home prices as some prepare to eventually move to states with lower taxes, said Jeff Pera, Marcum’s regional managing partner for Northern California, based in San Francisco. He calls these wealthy clients that are opting to sell and rent in the Bay Area “early adopters.”