You're straight up saying renters should continue paying higher taxes or it'll have knock-on effects on how much you can sell your house for
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Replying to @arthur_affect
No one is "taking away" anything. You aren't losing any tax deduction
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Replying to @arthur_affect
I can see an argument for a slow phase-in of this policy but that's slowing down a direct benefit to the poor to protect the middle class
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Replying to @arthur_affect
This may be assholish but if your personal financial plan depended on steady growth in your home equity, you shouldn't have done that
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Replying to @arthur_affect
There is no actual reason for the value of land to keep rising. That doesn't make sense. That's an artificial bubble we keep pumping up
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Replying to @arthur_affect
I agree with you in principle, but what about inflation, or population density driving the price up in a local market?
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Replying to @inkbitspixels @ThDigitalReader
in the long run housing prices generally just keep up with inflation (i.e. in real terms are flat)
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Replying to @arthur_affect @ThDigitalReader
in the short term local markets certainly see appreciation but profiting from that is a form of market timing
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it's speculation, it's not fundamentally different from buying stock
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