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Those who have seen their housing valuations triple still need to live somewhere. If they want to collect that profit (paper profits otherwise, with sometimes v
by hirsin 11y ago
Those who have seen their housing valuations triple still need to live somewhere. If they want to collect that profit (paper profits otherwise, with sometimes very real taxes), they must sell. They then have to buy a new place to live and surprise, that 200% profit disappears real fast when you have to pay 200%extra for a home...