California, Hawaii and Massachusetts Have the Highest Share of Homeowners Who Would Benefit if Capital Gains Tax is Eliminated
SEATTLE--(BUSINESS WIRE)--More than one in four (25.9%) U.S. homes have gained at least $250,000 in value since the last time they were purchased, while 8% have gained more than $500,000. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. These are the upper and lower bounds of the potential share of homeowners who stand to benefit if the tax on capital gains from a home sale is eliminated—an idea currently being floated by President Trump and U.S. lawmak
Related Questions
How does the potential policy change compare to similar tax‑policy incentives in other countries, and what does that imply for competitive positioning of U.S. real‑estate firms?
How might this policy proposal affect the broader housing market supply and demand dynamics, and what are the implications for mortgage lenders and REITs with exposure to high‑growth markets?
Could the policy shift lead to changes in homeowner turnover rates and therefore affect the volume of ancillary services (e.g., moving, home improvement) that drive earnings for related companies?
What impact could this policy change have on home price appreciation trends in California, Hawaii, and Massachusetts, and how might that affect regional real estate investment trusts (REITs)?
How likely is the policy to be enacted, and what timeline could we expect for implementation and market impact?
How will the potential elimination of capital gains tax on home sales affect real estate stocks like Redfin (RDFN) and other brokerage firms?
Will the proposed capital gains tax elimination influence buyer demand and transaction volumes in the affected states, and how could that affect brokerage commission revenues?
Will the policy change affect mortgage‑backed securities (MBS) pricing or the risk profile of existing mortgage portfolios?
How might the removal of capital‑gains tax affect investor behavior in real‑estate investment trust (REIT) allocations and the demand for real‑estate‑related ETFs?
What would be the expected impact on the overall stock market sentiment and the performance of consumer‑discretionary and financial stocks that have exposure to the housing sector?