SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim McMannis who wrote (171986)7/18/2003 4:37:10 PM
From: tejek  Read Replies (1) of 1576777
 
One time? You can do it every two years or less if you pro-rate.

You've lost me.....I thought you were talking about the one time capital gains tax when someone turns 50 or 55. I don't understand this every two years thing.

What it's done Ted is pushed housing prices into a bubble. Not only that it's pushes prices so out of reach of new home buyers and low income people that they now feel hopeless. All for the sake of some rich getting a lot richer.

What more than anything else has caused the bubble is that housing became the major recipient of investment dollars after the stock markets' collapsed two years ago. Plus, boomers have reached their maximum earning years.

In any case, if we are talking about the same law, it was in effect long before the housing bubble started.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News