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Consensus may be building on increasing the estate and gift tax exemption to an equivalent $3,500,000 per spouse with an estate rate a bit under 50%.
By contrast, for those dying in 2009, $3.5 million of each estate is exempt from federal tax and the top estate rate is 45%.
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A recent report by real estate rating and research firm Liases Foras points out that the average price of a home in the Mumbai Metropolitan Region, as of March, was 13m rupees ($203,602 £131,5122).
Canada's biggest cities especially Toronto and Vancouver have been getting a lot of attention for their soaring real estate rates.
And organizers promised that half of all the new housing built would qualify under British law as "affordable," as defined by real estate rates in the area.
South Africa has a small production of Zinfandel, including one estate rated among the country's Zinfandel producers and winner of an international prize.
Sharad Mahajan of the Pune-based nonprofit organization Mashal, which conducted extensive surveys on slum real-estate prices, says that no one can put a value on these slums — "all I can say is, given the current real-estate rates, those slums are invaluable".
The same is true of the increase in the estate tax rate from 35percentto40percentcent -- although the president had pushed hard for the old rate of 45percentt.
It also agreed to cut the top estate tax rate to 35 percent from 45 percent.
In New York City, the real estate tax rate for condominiums is 13.353 percent.
The third would slowly reduce the estate tax rate and repeal the tax entirely in 2011.
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