Yes, it’s one of the most expensive places in America to live but you can buy a home in America’s Finest City.  “It’s true, San Diego is one of America’s most expensive housing markets,” Brian A. Cain, Esq., founder of Cain Advisory Group, a legal, accounting and tax planning firm, said recently.  “But, there’s a major tax benefit with ownership that people should know.”

Western coastal cities like San Francisco, Los Angeles and San Diego have seen year over year housing cost increases of nearly twenty per cent as the economic recovery reaches more Americans.  However, the era of low interest rates and depressed housing costs is ending.

“Everyone knows San Diego is an expensive place to live because it’s one of the best places to live,” Cain said.  “Heck, we’ve got 350 days of sunshine and you can live near the ocean, mountains or deserts.  Still, you can buy a home here and big mortgages mean big tax deductions.  We just want San Diegans to know that a simple tax analysis may free up more cash from their paychecks to make it more affordable to achieve their dreams of home ownership.  That’s real value from our real estate planning and financial planning services group.”

According to First Republic Bank, Q2, 2013 home values have especially risen in the luxury segment.  San Francisco values increased nearly 16% year over year while LA and San Diego prices have jumped nearly 10%.  A luxury home in San Diego costs about $1.7 million.  By contrast, the average San Diego house costs just over $350,000.

“People should know that the tax benefits of home ownership are significant and long lasting,” Cain said.  Because we have limited land availability, housing prices in San Diego will increase during our lifetimes—far more on a percentage basis than in less desirable markets.  So, it’s key for persons—especially those who may wonder whether they can pull the trigger—to take advantage of our free analysis.”  It may be that you can make inroads today that will keep your overall costs of owning versus renting relatively equal over time. Rents will always increase but mortgage amounts may not.”

The Cain Advisory Group combines a small business attorney, tax preparation and tax services, bookkeeping services, accounting services, and small business payroll services leading to small business solutions.  By creating coordinated service packages, the firm manages back office functions so entrepreneurs and small business owners can focus more on building their businesses.

The firm is located at 4858 Mercury Street, Ste 100, San Diego, CA 92111.  Call them at 1.858.430.0155 or visit