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I half agree, there are no doubt interested businesses. I don't know what the breakdown in benefits between people and businesses, but I do agree. But when you
by gimmeThaBeet 5y ago
I half agree, there are no doubt interested businesses. I don't know what the breakdown in benefits between people and businesses, but I do agree.
But when you think about housing and capital gains tax benefits at a federal level, specifically related to one's primary residence, I think it's reasonable to say that taxing real estate sales (or at least housing) is not very popular in like, a literal sense. Now obviously people don't usually go selling their home every two years, so it might not be frequently relevant.
I just feel that housing transactions are, I don't know, more in public consciousness, than like selling a mutual fund? That assertion is basically speculation though, i.e. people might more commonly identify more as home owners, than people with large amounts of equities etc.
And I guess part of that is mental, and part financial, in that it seems housing is more frequently the biggest piece of one's total picture than I would guess.