This Tax Change Could Have A HUGE Impact On Housing Supply - EP242
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This Tax Change Could Have A HUGE Impact On Housing Supply - EP242
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The home you want to buy may never hit the market because its owner doesn’t want the tax bill that comes with selling. Could a proposed tax change give those homeowners a reason to move and give you a better shot at buying your first home?
In this episode of The Educated HomeBuyer, Jeb Smith and Josh Lewis explain how increasing the capital gains tax exclusion for home sellers could unlock housing inventory and create opportunities for first-time home buyers. We discuss what more homes for sale could mean for housing affordability, why this proposal wouldn’t automatically bring home prices down, and why waiting for a tax change could leave your homebuying plans on hold.
If you’re wondering whether to buy a house now or wait, learn how this proposal could affect your options and what matters most when preparing to become a homeowner.
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