Boomers are not moving out of their big homes, here’s why | CNN Business (www.cnn.com)

submitted 9 months ago by Yuritopiaposadism@hexbear.net to c/urbanism@hexbear.net

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[-] EmmaGoldman@hexbear.net 33 points 9 months ago* (last edited 9 months ago)

"waaaah capital gains tax waaaaaaaaaaahhhh"

Go outside and do some graffiti or fire some random shots in the air. Do your part to lower real estate prices instead of whining about the government getting in the way of your million bucks for the house you want to sell to a massive corporation so they can turn it into a vacant investment vehicle or Airbnb.

Turn part of the house into a granny flat and give the rest of the place to your kids. You can gift the house to your kid without taxes up to $13.61 million USD in value.

[-] spectre@hexbear.net 6 points 9 months ago

I expect these dipshits not to give a fuck, if the US had competent government they wouldn't tax the sale of a personal home and maybe find that money (if they even need to) somewhere else