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Over time, you accrue a large tax benefit as a homeowner, if the actual value of your home increases more than 2% every year. By moving, you reset this benefit,
by henrikschroder 9y ago
Over time, you accrue a large tax benefit as a homeowner, if the actual value of your home increases more than 2% every year. By moving, you reset this benefit, which is a disincentive to moving.