California Housing Prices = Up, Up, Up on Heals of Gay Marriage
Buying a HomeThe Supreme Court’s two decisions Wednesday supporting gay marriage could add fuel to California’s already hot housing market. “Married gay couples are going to have more confidence in making a home purchase,” predicted Nanette Lee Miller, West Coast partner-in-charge of assurance services at accounting firm Marcum in San Francisco. Striking down the federal Defense of Marriage Act now means gay couples can pass assets to a surviving spouse without estate taxes, which added up quickly in San Francisco’s housing market where a million-dollar home is far from a mansion. The […]