Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt
by commandlinefan on Tuesday November 02, 2021 @05:03PM
(#29087319)
> home owners will benefit
It's going to hurt home owners, too - when the valuation of the house goes up, so do the taxes. It won't be long before the tax burden is so high, the only option homeowners will have is to sell (and then pay even more taxes on the gains on the house sale) and rent it back from Blackrock.
It's going to hurt home owners, too - when the valuation of the house goes up, so do the taxes. It won't be long before the tax burden is so high, the only option homeowners will have is to sell (and then pay even more taxes on the gains on the house sale) and rent it back from Blackrock.