5 ms·
Taxation is one angle to consider, but it isn't it an inadequate band-aid for the wounds caused by easy money, artificially low interest rates and the political
by aww_dang 5y ago
Taxation is one angle to consider, but it isn't it an inadequate band-aid for the wounds caused by easy money, artificially low interest rates and the political incentives of the US's central banking system?
Look at the root causes of asset price inflation.
- dd36 5y agoThe root cause is long-term low interest rates but now that SFR is an asset class, the interest rate cycle won’t bring back the $150k home without a major crash that harms everyone. Tax policy that punishes large investors can help things land without a crash.