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In Canada there is no capital gains tax on primary residences. In the US, $500k is exempt. I imagine the laws are similar in most parts of the world, no?
by aianus 10y ago
In Canada there is no capital gains tax on primary residences. In the US, $500k is exempt. I imagine the laws are similar in most parts of the world, no?
- vkou 10y agoIf we were to get rid of the capital gains exemption, housing might become more affordable.