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To: nopardons

Get yer drift... was thinking more short-term, local real estate appreciation & that collapse of blue states inevitable anyway. So, hypothetically, maybe cash out short-term real estate profits, invest in precious metals, buy a sailboat and retire to an uninhabited tropical paradise?


391 posted on 11/02/2017 3:39:33 PM PDT by leakinInTheBlueSea
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To: leakinInTheBlueSea
Unless you sell your home ( which means that buying a new one will cost you more than it otherwise would )you get nothing. Also, if your house gets revauled, because real estate prices go up...then surprise, surprise...YOU will wind up paying MORE/HIGHER property taxes.

And IF you sell your home, you will have to pay the "new", still in place ObamaCare tax on the sale of said house, plus the same tax on the purchase of a new abode. Throw in moving costs, etc. and you come out on the dirty end of that deal. POOF goes your "dream" of buying a boat and early retirement.

Oh yes and then there is your imagined sangfroid re blue states going under. If/when that happens...there goes the economy and say hello to a massive, nationwide RECESSION at the least.

412 posted on 11/02/2017 7:01:51 PM PDT by nopardons
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