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Home Prices, Tax Reform, and Worker Migration

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Redfin CEO Glenn Kelman recently appeared on CNBC to discuss the state of housing industry and the overall trends he is seeing in the early days of 2018. Kelman highlights the continued lack of affordable housing, the early and surprising impacts of tax reform, and why there’s an increasing migration among high-tech workers away from traditional hubs like Silicon Valley and New York and into cheaper housing markets.

About Author: David Wharton

David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 15 years of experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at David.Wharton@theMReport.com.
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