Opinion: A Tax Trap Is Hampering Housing Mobility
From left, Steve and Hans Wydler For years as luxury real-estate brokers in the DMV (D.C., Maryland, Virginia), we’ve watched a stubborn trend erode housing mobility: Long-time homeowners are increasingly choosing not to sell. It is not because they don’t want to, but because the U.S. tax code penalizes them for doing so. Under current…
