3 ms·
Other disincentives to sell are fairly high realtor commissions and fees, as well as capital gains taxes on the amount over the exclusion, which isn't very high
by Merrill 7y ago
Other disincentives to sell are fairly high realtor commissions and fees, as well as capital gains taxes on the amount over the exclusion, which isn't very high given CA prices.
Think of Prop 13 as "rent control" for homeowners.