As most people are now painfully aware, California’s progressive political majority has just hit middle-class taxpayers with billions of dollars in new taxes. As a direct result of these actions, the state will soon have the distinction of having the highest taxes in the nation in the following categories: Highest income tax rate; highest state sales tax rate; highest vehicle tax; and the highest gas tax (and that doesn’t even include the added costs of cap-and-trade regulation). For the wealthy, California can be a lovely place to live. For normal folks, life in the Golden State can be a struggle. According to a recent article in the Sacramento Bee, California lost more than 1 million people in net domestic outmigration between 2004 and 2013.
by Jess Walter, Freelance Writer
In 2017, approximately 20.4 million students will attend American colleges. If there is a college in your town and your apartments are closed to students, you are missing out on a significant proportion of the rental population. However, offering student housing is not right for all landlords or properties. Should you rent to college students? Here are some pros and cons: