Geek's Number Talk: Par for the Course

Now more than ever, working from home, health and fitness, and spending time with friends and family are important factors in many people’s lives. So having a golf course near your home could be a huge personal asset. But what about the impact on your bank account?

As far back as the 1990s, research has suggested that the presence of a golf course increased nearby home values by 7.6%. More recent studies indicate that the value decreases significantly as the distance between the home and the golf course increases.

So it’s safe to assume that the presence of a golf course in a residential community is a net benefit to property value in addition to adding to the luxury of a home or neighborhood. However, this nice amenity also comes with a cost for upkeep!

Geek's Number Talk: The Affordability Gap

In 2020, housing affordability for African American and Latinx households in California was half that of white households, illustrating a persistently wide homeownership gap and ongoing wealth disparities. See the charts below, and watch this video to learn more about how to close the gap.

Geek's Number Talk: The American Rescue Act and You

According to the Urban-Brookings Tax Policy Center, an independent think tank, the American Rescue Act signed into law last week by President Biden will generate a 3.8% increase in 2021 income for the average American tax filer, which translates to roughly $3,060. Check The Balance for more about what this could mean for you.