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Depends when. A home is a leveraged investment, plus often exempt from capital gain taxes. If you bought it at the beginning of a large real estate bull market
by cm2187 2y ago
Depends when. A home is a leveraged investment, plus often exempt from capital gain taxes. If you bought it at the beginning of a large real estate bull market you probably did better than an unleveraged investment in the S&P.
- tossandthrow 2y agoThen you pay property tax instead. I My calculations (for Denmark) the property taxes are roughly equivalent to kapital gains tax.