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    Should the government impose 50% capital gain tax on second homes if it were held less than 5 years to deflate the real estate bubble?

    Posted By : Propscience 3 years ago Discussions

Comments (1)

  • Propscience 3 years ago
    <p>Such a measure might also inflate prices further as it will reduce supply of secondary homes and increase demand for primary homes. A better measure even though it would take some time would be to increase supply of land and expedite building approvals for the same to satisfy latent demand.</p>
    															

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