Re: Politics for the s5tupid 4 ticks

On 3/6/2024 2:47 PM, Jeff Liebermann wrote:
Using the value of your house as part of your net worth is very misleading, especially in the Bay Area. That is not real money that you have access to. You'd have to sell your property and pay a lot of capital gains taxes, then you'd have to move somewhere else and buy or rent. There are no taxes on the paper increase in value of your house until you sell. To claim that that paper profit as income is ludicrous.
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