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@jfang003
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I think we have a more harder problem for the baby boomers and its the retirement crisis. More and more of them are starting to qualify for social security and that money has to be made up somewhere. I think housing is an easy way for the government to tax so those are probably going up.

Also when the baby boomers start dying, I don't think it would bode well for their descendants. The reason why? The removal of the step-up taxes and the way they are destroying any way of getting generational wealth. I foresee that their descendants will be more likely to have to sell the house because they will not have the funds to get it passed down legally. And of course the rich will be the ones to pick up the housing.

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