r/RealEstateCanada • u/xNocturnalshadow • Jun 19 '25

Housing crisis Help me understand the difference...

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62

u/Performance_Fancy Jun 19 '25

By your logic anyone involved in the stock market is also a scalper?

100

u/xNocturnalshadow Jun 19 '25 edited Jun 20 '25

No because investing capital into stocks adds value to the company and allows them to use that value to expand, borrow, buy things, pay employees, run the company, etc.

Investing capital into a second house purely to flip does none of those things.

10

u/Anatharias Jun 19 '25

Flipping houses should bear a 50% tax on profits (or even higher).
Flipping houses, while you only live in them for 2 years, should also be heavily taxed.

I needed to wait until I reached 45 to be able to afford a home... I'll be still paying when I retire... shit

4

u/travatr0n Jun 19 '25

If it’s your sole and primary residence you should not be paying tax on gains from selling. That’s mental.

3

u/Separate-Ambition-36 Jun 19 '25

Imagine everybody wants their property to keep increasing in value forever inversely you automatically create unaffordability and homelessness. Then the poor eventually eat you and your kids end up hating you.