[quote=XBoxBoy]Real estate capital gains aren’t any different than other capital gains are they?[/quote]
I would argue that they are different when applied to your primary home.
Prop 13 & the v. small $250k/$500k cap gains exemption combine to make it much less favorable for folks to move home, even more so at today’s prices.
I see this as a bad thing both for the economy & generally, for a number of reasons.
The UK has full cap gains exemption for primary homes.
