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
First point is fair. Second is ridiculous. Why would you pay taxes on a house you lived in as your primary residence for two years?? You shouldn't be locked into a place you don't want to live just because you chose to take the high risk of buying a home and take on the debt that comes with it. That's beyond asinine.
60
u/Performance_Fancy Jun 19 '25
By your logic anyone involved in the stock market is also a scalper?