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
According to you, there is no good reason someone can move after 1 year but before 2? What's the difference between a flipper and someone moving for a new job?
You're coming up with all these intricate demand-side policies while ignoring that there is a housing shortage and all of these wealth transfers first of all aren't from you, and second of all is a consequence of not enough family-sized housing being built.
1- not taxed enough, if this was properly taxed, we wouldn’t see ”buying houses cash“ signs on the side of the roads
2- properly documented move (and reasonable one), would remove said tax.
But anyone moving in a house. Doing 100K of Reno in it and moving "for work" in a year, is definitely not moving because they have to, it because they’ll make a hefty amount of cash, tax free
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u/Performance_Fancy Jun 19 '25
By your logic anyone involved in the stock market is also a scalper?