Re:The Shock of Sweden's Housing Market Is Hitting the Count...
by notyourday on Wednesday November 15, 2017 @01:39PM
(#15706470)
if you sell your asset for less than what you paid for it there's no capital gain, and hence there's no tax.
> That's generally not an option if you want to move locally.
You don't get to have your cake ( gain money on a sale of appreciated house) and eat it too ( buy at the price before the appreciation )
Re:The Shock of Sweden's Housing Market Is Hitting the Count...
by eT8AZithxooKei6 on Wednesday November 15, 2017 @03:41PM
(#15707543)
I believe that lisper is saying that he would prefer not to have his cake.
Of course it does. A loss is a loss. It doesn't matter whether it comes out of your checking account or your home equity.
> What they would have preferred is that their property appreciated and the properties they wanted to move to did not.
That's generally not an option if you want to move locally.