I assure you, unloading property in NYC purchased below actual market value will not be a huge challenge.

You might be surprised how the gov't threatening to take your house every year affects prices. And the ability to get mortgages. And new construction.

> You might be surprised how the gov't threatening to take your house every year affects prices.

Which they won't do if it's assessed appropriately.

See California's Proposition 13 for the alternative.

You might be surprised how it doesn't

i guess we're at an imagination stalemate now

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