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Wouldn't lower fees encourage more frequent speculative trading of properties? Most homeowners are not jumping houses every year or so.
by radlad 3y ago
Wouldn't lower fees encourage more frequent speculative trading of properties?
Most homeowners are not jumping houses every year or so.
- smileysteve 3y agoMany speculators get their license specifically to avoid these fees; so the professional speculators can speculate for less marginal overhead than an individual that intends to live in the home.
- whimsicalism 3y agoMost housing that is “speculated” on is still rented out. Encouraging price discovery lets us provide cheaper housing in areas of high demand before it becomes a major problem.