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A comment on How California Became America’s Housing Market Nightmare. Parent comment

Re:How California Became America’s Housing Market Nightmare by x0x0 on Wednesday November 06, 2019 @01:12PM (#21465213)
Why should someone who bought a house for $100k get $2m years later?
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Re:How California Became America’s Housing Market Nightmare by collias on Wednesday November 06, 2019 @01:25PM (#21465379)
Why should someone who bought $100k of Apple stock get $2m years later?
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Re:How California Became America’s Housing Market Nightmare by x0x0 on Wednesday November 06, 2019 @02:51PM (#21466414)
Well, you pay tax on your gains on that stock sale. The claim is you shouldn't on houses; it should be a tax-free investment.
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Re:How California Became America’s Housing Market Nightmare by collias on Wednesday November 06, 2019 @04:52PM (#21467861)
You definitely pay taxes on a sold property (capital gains, like stock), assuming your profit is over $250k, like this example. Prop 13 doesn't affect that.
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Re:How California Became America’s Housing Market Nightmare by thrower123 on Wednesday November 06, 2019 @01:38PM (#21465543)
You can't live inside of Apple stock.

Well, I suppose you might be able to make some kind of structure if you had enough physical stock certificates...

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