People have used their crypto and stocks to take out variable rate margin loans. These loans have been used to avoid taxation on capital gains. I know multiple

People have used their crypto and stocks to take out variable rate margin loans. These loans have been used to avoid taxation on capital gains. I know multiple people who have used them to buy houses without a mortgage. As crypto and the stock market deflate, they will have to sell assets to cover their collateral difference. This means tax, which means more sales. This is going to continue all the way down. I would expect housing price crashes in local markets that skew towards tech.