H .clinton And Your 11 Year Real Estate Depression

Discussion in 'Politics & Religion' started by the gardner, Nov 7, 2007.

  1. H. CLINTON WILL RAISE YOUR LONG TERM CAP GAIN TAX FROM 15 PERCENT TO 25 PLUS PERCENT WITHIN ONE YEAR OF ASSUMING OFFICE

    THIS WILL IN EFFECT WIPE OUT ANY GAINS YOU HAVE MADE IN REAL ESTATE OVER THE LAST 7 YEARS....THAT HAVE NOT ALREADY BEEN LOST DUE TO THE WORSNING HOUSING DEBACLE

    THIS PROSPECT OF RISING LONG TERM GAINS.. TAXES ON REAL ESTATE HAS LED TO INDIVIDUALS TRYING TO EXIT THE MKT NOW BEFORE TAXES RISE...INCREASING INVENTORY

    THESE TAX INCREASES WILL BE A TOTALLY CRUSHING BLOW TO ANYONE WHO HAS ANY EQUITY LEFT OR ANYONE WHO WAS SMART ENOUGH TO PURCHASE EARLY IN THE CYCLE ..

    AND THE HORROR WILL WORSEN IF SHE WINS A SECOND TERM PROLONGING THE PAIN ...PATIENTLY WAITING FOR YOU TO SELL YOUR REAL ESTATE ...TO TAKE YOUR MONEY ...

    THIS WILL RESULT IN A 11 YEAR REAL ESTATE DEPRESSION STARTING NOW.....JUST IMAGINE 2 YRS FROM TODAY AFTER REAL ESTATE HAS GONE LOWER SAY ANOTHER 10 PERCENT....

    WACK.. YOU GET HIT WITH A RISE IN THE CAP GAIN AND LOOSE A SECOND ....ANOTHER 10 PERCENT...............NOTGOODNEWS
     
  2. styron

    styron

    To spend is to tax.
     
  3. lassic

    lassic

    [​IMG]
     
  4. these tax increases will decimate the middle class.....anyone who had the guts to buy a piece of property......anyone who took a risk
     
  5. My house, as have others in my sub, has increased in value 5-10% the past 6 months. Granted it was a bounce from the lows but it's still heading up.
     
  6. Where do you live?
     
  7. go to radarlogic.com to see the data ......then add on further 10 percent at a minimum mabye 14 percent decline in your value
     
  8. The question is, would you like your wealth/bankruptcy in real or notional terms?

    Bush will give it to you in notional terms (illusion). Enjoy your worthless dollars.
     
  9. bottom line clinton will tax your gains at a time in the real estate cycle .....that just might crush the cycle itself ....by taking the last few dollars people have left away from them....by kicking normal people when their down .

    this will create a depression not a recession.....as real estate is the largest asset class in the country and the world .the middle class will have their real money taken away from them ...

    do the math on your own home ...when you sell do you want to pay 15 percent or 28 percent..........just do the math then pay your monthly bills.

    g
     
  10. andrew cuomo thanks ....credit market issues will worsen for housing

    take a look at wm today

    no one ......no one will even be able to buy a house if these probes continue in to the mortgage cos

    were going down the drain with clinton and cuomo fast

    g
     
    #10     Nov 7, 2007