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We have been writing a lot about taxes in recent months because the new administration in Washington DC has proposed a number of tax hikes, several of which could send a shock wave through commercial real estate markets across the country.
The Orange and Mid-Counties regions continued to blast through the pandemic crisis in Q1 as if it wasn’t there.
For the past 3 months, we have been focusing on potential changes to the tax code that could impact the economy in general, and the commercial real estate market, specifically.
The general economy, despite the challenges of the past year, is back in growth mode and businesses throughout Southern California are feeling the wind at their backs again.
We have been talking a lot about potential tax increases and their impact on commercial real estate for the last couple of months.