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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (3693)7/30/2002 1:08:49 PM
From: patron_anejo_por_favorRead Replies (3) | Respond to of 306849
 
<<The important thing is that just about everything else you own gets cap gain taxed. So why should RE get the break? When you see the only thing appreciating is RE then you get the idea. One reason I say Stocks are 2nd class citizens. Who wants to own stocks when you can just buy RE? And pay no tax to boot? RE is going up...people like to buy in bull markets...>>

For that matter, why tax dividends? Part of the problem with the equity bubble was that companies that were successful and produced real profits got whacked twice if they attempted to distribute same to their investors (once on the earnings, then the shareholder gets whacked when he received dividends). Obviously it encourages corps to "use" the money for their own purposes, which led to some horrible examples of malinvestment. Of course, there are more voters who are homebuyers than dividend recipients, so the problem gets perpetuated ad infinitum. And another bubble takes hold....