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Wouldn't that be a huge disincentive for buying new houses? What do you think would happen to the building industry if such a tax were passed?Imagine if an existing house cost tens of thousands of dollars less than a newly built one. Who would build houses? How would they sell them at a profit?
Wouldn't that be a huge disincentive for buying new houses? What do you think would happen to the building industry if such a tax were passed?
Imagine if an existing house cost tens of thousands of dollars less than a newly built one. Who would build houses? How would they sell them at a profit?