A story about people sitting on $1.4 million in capital gains but who are afraid of paying $270K in taxes.http://www.sfchronicle.com/business/networth/article/Where-capital-gains-tax-slows-home-sales-and-6827358.php?t=c030d7b8210a4808f6&cmpid=twitter-premium …
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@kimmaicutler lack of inventory does indeed contribute to price run-up; similarly, rent control limits apt turnover, which drives up rent -
@pmohme you can't really talk about rent control w/out talking about Prop 13, which also inhibits turnover. - 1 more reply
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@kimmaicutler@Sr_Lazarus@pmohme The largest structural issue is the 5%-6% monopolistic realtor fee sellers are forced to pay to get attn.Thanks. Twitter will use this to make your timeline better. UndoUndo
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