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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (142017)8/20/2008 1:42:00 PM
From: Peter VRead Replies (1) of 306849
 
you want to see a mass exit of housing? Repeal the capital gains tax exclusion. All those who still have house equity are gonna jump at the chance not to pay taxes on those gains.

The only way to do it without creating panic selling is with a gradual decline in the exemption.
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