Even the anticipated cut of 2.25% is still higher than why the Silicon Valley boom was based on. You are also seeing the cuts happening due to an anticipated recession.
Pulling back from investments is definitely related to the increased interest rate, but there really isn’t any government austerity in the federal government at the moment.
Profitable tech companies have to maintain their existing businesses, but development of new businesses is likely to stay low and unprofitable businesses are still scrambling to hit profitability before bankruptcy.
New content for streaming is going to fall off a cliff. Except maybe for Apple, no streamer seems willing to put money into new flashy shows the way they used to.
If a new breakout TV show hits this year, it is likely going to be more in the model of IASIP or Shoresy.
It depends on the area. Both Texas and New Jersey have very high property taxes, so it wouldn’t be that surprising. Or it could be expected insurance costs like in Florida, which could be very high.
Most mortgage calculators add in property taxes, insurance, and HOA fees to give a truer cost to potential homebuyers. So, if you are paying all cash, the mortgage calculator is going to give you the additional costs only.
A lot of times, it is paid in escrow to the mortgage company. However, even if the mortgage company isn’t collecting it, it still needs to be paid.