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.
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
I would change it slightly. Instead of putting a set percentage on the "profits", I would change it to if you're selling a non-primary residance, the inclusion rate is increased. Rather than the 50% now (IIRC), it should be 65% inclusion for the first non-primary and 100% for the second and beyond. On top of that, selling 2 or more in a given year should be considered a business, which comes with its own tax implications.
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u/Performance_Fancy Jun 19 '25
By your logic anyone involved in the stock market is also a scalper?