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   MSGID: 158.consprcy@1:2320/105 2c21a8ce   
   REPLY: 137.consprcy@1:2320/105 2c1f2c0d   
   PID: Synchronet 3.20a-Linux master/acc19483f Apr 26 202 GCC 12.2.0   
   TID: SBBSecho 3.20-Linux master/acc19483f Apr 26 2024 23:04 GCC 12.2.0   
   BBSID: CAPCITY2   
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   RM>> There's no question housing is out of control at the moment but we have   
     >> an election coming up and they are all planning (?) to do something   
     >> about housing prices. Have to wait and see..   
      
   MP>If it is like here, they will waste a bunch of time renaming stuff and   
     >pissing off their neighbors, which will make the rabidly loyal happy enough   
     >that they won't notice that Rome is still burning.   
      
   I don't know if it's universal but I believe you guys can write off   
   your mortgage payments (or interest?) against your income at tax time   
   which saves you a lot of money.   
      
   Here our advantage is your *Principal* residence can be sold at a   
   huge profit without any Capital Gains tax involved.   
      
   What they will probably do to lower prices is, cut immigration so   
   there isn't as much os a shortage of housing, cut taxes or even give   
   grants to builders putting up housing that will sell cheaper, which   
   should force all prices down some, and they may come up with something   
   like charging Capital Gains tax on, say, anything over $200,000, of   
   profit you made when you sold your house, and use that money to   
   encourage those lower cost builders (in a perfect world).   
      
   ---   
    * SLMR Rob  * My mind's in the gutter, but I can see up your skirt   
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