Re:Redfin Is Leaving NAR
by thghtihadanacct on Tuesday October 03, 2023 @10:08PM
(#37760033)
Australia?!? Who gives an f about australia or singapore?
What youre saying is your arguments have no merit against mine... Cuz mine operate for the place I live in. I understand your gross under generalization ... but if you are living in a house its only worth is a roof over your head.
You didn't specify which place you live in, nor that you were only interested in your part of your small town or perhaps yourself.
> Anyone that leverages their home is an idiot. ... and capital gains applies anywhere [...]
Anyone, anywhere..
Capital gains don't necessarily apply everywhere. In eg Australia your owner occupied house is exempt. And in eg Singapore we don't have capital gains on any asset at all.
A house is both a home and an investment for most people. That's just a description of what's happening. However you could say that a house _should_ not be an investment.