Ben Eisen

speaker

1,467 appearances 35 recordings 1 series first heard Jul 2017 last heard Nov 2024

Ben Eisen’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Boomers Made a Record Amount of Money. Now They're Giving It Away. · 6 Jul 2021 podcast

It's something that, you know, may change down the line.

The Biden administration has proposed, you know, a series of tax changes around estates and there's a lot of moving pieces to it.

But there is a chance that, you know, our tax rules will look a lot different in a few years than they do now.

Right now, the gift tax exemption is at $11.7 million for individuals, $23.4 million for couples.

It's scheduled to go back to 2017 levels in five years, which are lower than they are now.

So there is an exemption that's larger than it has been in previous years, but we'll see what happens with that, too.

WSJ Your Money Briefing · Cheapest Homes Gain Value Most in Red-Hot Housing Market · 13 May 2021 podcast

The part of the housing market that's really benefited the most is homes in that kind of lowest price tier. voice-verified

And these are homes often in cities that have low values to begin with for home prices. voice-verified

Thanks for having me. voice-verified

What we've seen is that this part of the housing market has been the biggest gainer when you think about the home price surge over the last few years. voice-verified

We think about the most recent kind of crazy housing market as rising for people who are looking to buy second homes or move to the suburbs or leave homes. voice-verified

big urban cities on the coast to move inland. voice-verified

But the part of the housing market that's really benefited the most is homes in that kind of lowest price tier. voice-verified

And these are homes often in cities that have low values to begin with for home prices, but also tend to be homes that need a lot of work or are in neighborhoods in need of revitalization. voice-verified

And that's where the big gains are. voice-verified

So we focused on a couple of cities in particular, one being Youngstown, Ohio, another being Detroit, and also Cleveland. voice-verified

And these are cities where the average home value is pretty low, often in the tens of thousands of dollars. voice-verified

But really across the Midwest and the South, you have a lot of cities where the housing stock is old, some of the houses are dilapidated or vacant. voice-verified

And as a result, these are houses that can sell for voice-verified

a couple thousand dollars, $10,000, $20,000, and they probably need more money than that to get them habitable. voice-verified

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