#361
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#362
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<Millenial Snowfkake Utopia>
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#363
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I just dont think it should be a way to invest or make money beyond the equity in the properties you live in.
If i was god emp that's the rule I'd make | ||
#364
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#365
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Do you mean that you would make rental housing illegal? �� What about people who don’t want to live in an apartment, but lack the savings for a down payment, or do not qualify for a loan? And you don’t care about currency devaluation or its impact on housing prices? I am just curious about this piece since it is relevant to your OP on the housing market.
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<Millenial Snowfkake Utopia>
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#366
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<Millenial Snowfkake Utopia>
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#367
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Something like you could own 2 homes per person or something. I dont care what affects it has on society or the world or economy beyond how I think it would make things better either too because I am god emp in this scenario. I just think you should own the land you live on and that's it. This town aint big enuf. | |||
#368
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1031 exchanges combined with historically low capital gains, the ability to take accelerated depreciation, cost segregation, and increases in property taxes, continue to drive the demand for investment real estate and continue to encourage people to take gains 3-5 years into the ownership cycle. And now that you've sold, you can overpay up to 38% more than the market value on the property you're re-investing in and still come out ahead... | ||||
#369
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Don't know what you guys are talking about with this currency devaluation stuff. Biden and Powell can print as much money as they want and we will only have a 2% inflation this year because its transitory(TM).
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#370
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<Millenial Snowfkake Utopia>
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