Larry Stone, Property Tax Assessor: Tax Hurdles and Housing Shortage of Silicon Valley
In this Real Estate IQ Podcast episode, Larry Stone expresses his thoughts and shares his story about his success as a property tax assessor.
In this insightful episode, Larry discusses his initial career on Wall Street and his transition to real estate, motivated by the tangible nature of property management and the direct impact of personal efforts on success. He shares his first experiences in San Francisco and the purchase of his first house in Sunnyvale, providing a historical perspective on the area's transformation from agricultural and military-industrial developments to a technology hub.
Larry dives deep into how the emergence of tech giants like Apple, Intel, and Cisco transformed the region and the real estate market. He explores the evolution of Silicon Valley, from its military and agricultural roots to becoming a global technology epicenter, impacting residential and commercial real estate trends.
The episode also addresses critical topics such as property value assessment, the impact of Proposition 13 on property values and taxes, and the challenges facing the Silicon Valley real estate market, including housing affordability and the effects of remote working on commercial properties.
Larry offers his valuable perspective on affordable housing solutions the influence of major tech companies on real estate trends, and provides practical advice for first-time homebuyers navigating this unique market.
Moreover, he discusses the implications of Proposition 19 on property assessments, his vision for the future of real estate in Santa Clara County, emerging trends in the market, and the lessons he has learned throughout his career.
The episode concludes with Larry addressing the 'Great California Exodus' phenomenon and its potential impact on the real estate market, along with his commitment to providing excellent customer service in the assessor's office.
This episode of Real Estate IQ is a must-listen for anyone interested in Silicon Valley's dynamic real estate market and offers invaluable insights from a seasoned expert in the field.
The "Real Estate IQ: Wisdom For Smart Moves in Silicon Valley" podcast is proudly sponsored by TradeMyHome.com and powered by Your Home Sold Guaranteed Realty.
Takuya Gemma
Real Estate IQ | Wisdom for Smart Moves
+1 408-763-8131
reiq-podcast@trademyhome.com
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Larry Stone, Property Tax Assessor: Tax Hurdles and Housing Shortage of Silicon Valley
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