4 ms·
We don’t have to be absolutist about it. Houses are not nearly as volatile as stock, so evaluating and taxing them as wealth is pretty feasible.
by lovecg 4y ago
We don’t have to be absolutist about it. Houses are not nearly as volatile as stock, so evaluating and taxing them as wealth is pretty feasible.
- stevenjgarner 4y ago> Houses are not nearly as volatile as stock I know six million American households who lost their homes to foreclosure in 2008 that might disagree with that one.
- midasuni 4y agoPrices dropped 15% from the peak to the trough. The S&P is down 20% in the last 3 months.
- Johnny555 4y agoI live in a "hot" real estate market, my house has appreciated nearly 50% in 2 years. It's entirely possible that it will depreciate 20% or more over the next year.
- deleted 4y ago[deleted]