2 ms·
More expensive real estate
by klyrs 5y ago
More expensive real estate
- monkeynotes 5y agoYeah, cash out and leverage to bigger investments. Rinse and repeat.
- mywittyname 5y agoYou don't need to sell off stocks to invest in more real estate. Even small-time investors can get margin loans (or use them as collateral) to finance mortgages while avoiding the tax implications of liquidating investments.
- klyrs 5y agoYeah, that loophole really needs to get closed. Meanwhile, Canada is focused on foreign buyers who are too lazy to set up dummy corps... https://www.thebeaverton.com/2022/04/canada-to-ban-foreign-homebuyers-who-refuse-to-set-up-dummy-corporations/ https://www.thebeaverton.com/2022/04/canada-to-ban-foreign-h... (article is satire but perversely accurate)