SF’s Housing Crisis Explained

Re:SF’s Housing Crisis Explained by pcrh on Tuesday April 15, 2014 @05:59AM (#7591063)

There already is a de facto tax on wealth, inflation.

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Re:SF’s Housing Crisis Explained by Houshalter on Tuesday April 15, 2014 @06:33AM (#7591128)

Only a tax on holding currency, not wealth in general (assets and investments.) And many people argue that is just as bad.

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Re:SF’s Housing Crisis Explained by dllthomas on Tuesday April 15, 2014 @09:52AM (#7591780)

Inflation itself is a tax on holding currency or currency-denominated assets, and that's certainly an important point. The combination of inflation and a capital gains tax would seem to produce an implicit tax on wealth in general, right?

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Re:SF’s Housing Crisis Explained by pcrh on Tuesday April 15, 2014 @11:55AM (#7592492)

Holding currency and also bonds. Property and shares are pseudo-index-linked, though, I grant you that.

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Re:SF’s Housing Crisis Explained by iopq on Tuesday April 15, 2014 @10:01AM (#7591830)

How much are my stocks inflating?

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Re:SF’s Housing Crisis Explained by angrybits on Tuesday April 15, 2014 @11:28AM (#7592301)

have looked at an S&P 500 5-year chart lately?

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Re:SF’s Housing Crisis Explained by iopq on Tuesday April 15, 2014 @09:25PM (#7595444)

Yeah, they deflated. 1 share buys more now instead of less.

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