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A comment on If you sell a house these days, the buyer might be a pension fund. Parent comment

Re:If you sell a house these days, the buyer might be a pens... by dragonwriter on Wednesday June 09, 2021 @01:41PM (#27450804)
> I’ve ranted about this before but CA Prop 13 not only makes housing a good investment, but one that you’re extremely incentivized to hold onto forever and never move.

Not “never move”, just never sell. When you are ready and able to upgrade to a new home, you convert the existing one to a rental property with rents to cover costs with a suitable risk premium (but don’t worry about additional profit), and then benefit from the appreciation and protection from full-value reassessment on both properties, rinse and repeat as needed.

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Re:If you sell a house these days, the buyer might be a pens... by offsky on Wednesday June 09, 2021 @03:20PM (#27451946)
This assumes that you don't need the equity in the first house to get the mortgage on the second house.
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Re:If you sell a house these days, the buyer might be a pens... by tick_tock_tick on Wednesday June 09, 2021 @04:06PM (#27452454)
No, the price has gone up so much you remortgage and get cash out to buy the next place.
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