Gains fluctuate by the second. It would be impossible to nail down an accurate amount "owed." Even if they give you a specific date you have to declare unrealized gains on, the difference between market open and market close on that date could swing 4 to 6 figures depending on how deep you're in.
You have to think of who it affects and how its effects incentivize behavior.
15/hr & Stimmies the more financially responsible of the 'new money poor' are looking to buy houses with their government cheese. Moving on up to a deluxe 3-bed 2-bath in the skyyyyyyy.
Too big to fail middle managers the less financially responsible of the middle class who bought a home slightly above their means will be looking to sell and downsize. Something without a pool, maybe no MiL suite outbuilding. Maybe a nice 3-bed 2-bath in the skyyyyyyy.
The entire lower and middle class is being displaced into the middle-lower infrastructure.
Will we import people to fill the Project Housing? Will the empty apartments fill themselves organically? Who's going to be scooping up the upper-middle estates? Who will live in those? Will we be importing overlords for those homes or just baiting a new cheddar-on-a-stick for the next leg of the rat race?
Gains fluctuate by the second. It would be impossible to nail down an accurate amount "owed." Even if they give you a specific date you have to declare unrealized gains on, the difference between market open and market close on that date could swing 4 to 6 figures depending on how deep you're in.
You have to think of who it affects and how its effects incentivize behavior.
15/hr & Stimmies the more financially responsible of the 'new money poor' are looking to buy houses with their government cheese. Moving on up to a deluxe 3-bed 2-bath in the skyyyyyyy.
Too big to fail middle managers the less financially responsible of the middle class who bought a home slightly above their means will be looking to sell and downsize. Something without a pool, maybe no MiL suite outbuilding. Maybe a nice 3-bed 2-bath in the skyyyyyyy.
The entire lower and middle class is being displaced into the middle-lower infrastructure.
Will we import people to fill the Project Housing? Will the empty apartments fill themselves organically? Who's going to be scooping up the upper-middle estates? Who will live in those? Will we be importing overlords for those homes or just baiting a new cheddar-on-a-stick for the next leg of the rat race?