housingNovember13
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With various non-property investments demonstrating once again they can be massive money-losers, it's no surprise people are returning to property. For people with equity it's a prudent move. Tax regime changes may risk destroying wealth while providing no attractive alternatives for investment. On the other hand, lack of any attractive alternatives may be enough to keep property values up even under a regime where you pay tax on capital gains on investment properties. I guess we'll find out.
linuxluver 2 years ago