how much does a property bubble cost?, page-13

  1. 17,117 Posts.
    from the governments perspective ,,,its a great investment... charge housing owners only (not renters)...150 billion plus each year...
    then spend 10% of that to encourage more home owners into this govt scheme...

    the money is used by state and federal govts....to pay for any and all of their excesses...
    it goes into general revenue....
    where on earth do you think the state govts get their money from....
    to pay for schools, hospitals etc....
    it comes from the state taxes they charge to property owners...some from gambling etc

    some really do not understand the implications of the industry , nor governments, nor taxes etc

    the bears show a lack of understanding, of the bigger picture, in their never ending quest...to suggest property
    investment, or a roof over the head, is bad for you
 
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