Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you - eviltoast
  • InternetCitizen2@lemmy.worldEnglish
    3·
    2 days ago

    But taxing use of assets as collateral for loans (to create liquidity from a non-liquid asset) should be reasonably fair, it can be treated as an advance on capital gains taxes on the collateralized asset.

    Just worth repeating