After a certain holding period (depending on circumstances, usually 3 or 10 years) real estate price gains become totally tax free.
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After a certain holding period (depending on circumstances, usually 3 or 10 years) real estate price gains become totally tax free. 6 comments
@mina What is this terrible incentive on investment in your opinion?@chowderman @mmm @phneutral Do I really need to explain it again and again? Are you deliberately trying to drive me into insanity? If returns on financial investments are taxed lower than those in labour and entrepreneurial activity (which is the case), the latter two need far higher yields to become competitive. Why would you invest serious money into building batteries or setting up repair shops, if you can just buy real estate or invest in financial instruments, which 1/2 @mina I don’t want to drive you in insanity but want to explore the motivations which drives one into promoting this petition. Thanks for elaborating your thoughts on this topic. |
@mina So you admit, that there is a speculation tax? @chowderman @mmm @phneutral