(04-26-2024, 02:52 PM)mikesez Wrote:

(04-26-2024, 01:49 PM)Sneakers Wrote: Do you agree that the movement of money stimulates the economy?

Real movement of money for real goods and real services doesn't just stimulate the economy, it is the economy.

Shell corporations and accounting gimmicks are not.

Great, you understand how critical the movement of money is.  Now, do you understand that higher net returns make investors more likely to sell property, thereby moving money (the economy) PLUS those sales not only generate other associated fees and taxes beyond capital gains (doc stamp tax, property transfer tax, recording fees, etc.) but also typically require peripheral actions that also move money (appraisals, inspections, surveys, etc.)?

---