Santa Barbara’s most popular attractions include old Hotel Virginia, El Pueblo Viejo district and the Old Mission’s pink towers where events are hosted. The County Courthouse features colorful murals, and the clock tower and observation deck located close by deliver a great view of the area. The 1873 founded Lobero theatre still hosts performances, and was restored by George Washington Smith in the 1920s. These architectural structures were only possible due to the city founder’s detailed planning, Kenny Slaught explains.
The present situation of the home market in California happened because undeveloped land is not available. In regions like Los Angeles and San Francisco, the costs are too high, and Proposition 13 also made it expensive for people to relocate. So, many homeowners decide to renovate their current homes instead. Despite future property tax being set at 2%, there are exceptions when a house is sold and reevaluated according to its present value. Annual totals are calculated with numbers that shift by season, as most sales are finalized in June and December. Some others factors include consumer confidence, disposable income, and the jobs that homeowners have.
Kenny Slaught, CEO of Investec Real Estate Companies, managed his real estate company through numerous market cycles over the years. With an experience of 3 decades in the California development industry, he encountered unpredictable variance and bested trends. Slaught talked about the external factors that impact the industry in the Golden State, and the right moments to make a purchase.
Being able to save millions of people also depends on new inventions. Chris Wilson, Global Health Discovery director at the Bill & Melinda Gates Foundation, says the grants are for this purpose. Those who win them, think in a unique manner, and they’re able to find creative solutions for urgent situations, he adds. Kenny Slaught supports medical research and practice as long as as these provide complete health initiatives all over the world.