Quote:
Originally Posted by CliffFletcher
We need to stop pretending that protecting investments in real estate and making housing more affordable are compatible public policy aims.
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Eh, there are ways to do it - i.e., to effectively indemnify current property owners against losses in property value triggered by legislation designed to crater the cost of entry for housing. It would just be extremely complicated and expensive for taxpayers generally... Suppose for example you got a tax credit instead of a capital loss deduction for any loss in value for your primary residence, the amount of which is increased to keep pace with inflation. I'm just making up a random idea but the point is that it's conceivably possible.