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re: Real estate groups urged the Fed to stop rate hikes.

Posted on 10/13/23 at 8:13 pm to
Posted by Big Scrub TX
Member since Dec 2013
33733 posts
Posted on 10/13/23 at 8:13 pm to
Real state is the single most advantaged industry by the federal tax code - and it's not even close. It's utterly preposterous that they're asking for more.
Posted by Penrod
Member since Jan 2011
40158 posts
Posted on 10/13/23 at 9:22 pm to
quote:

Real state is the single most advantaged industry by the federal tax code - and it's not even close. It's utterly preposterous that they're asking for more.

And because it is advantaged that created more profit. The higher profits attracted more competition, and the profits went back down.
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