Recently there's been more talk about unrealized capital gains taxes and all of the second order implications. Specifically, the concern is about illiquid assets and people having to sell their homes to pay for the unrealized capital gains taxes on their homes.
I predict the next step in the whac-a-mole scenario will be a suggestion that real estate become a specific exception to the proposed unrealized capital gains taxes. Of course, this would be a horrible idea, because it would make real estate the only safe haven for investors and would drive home prices through the roof. No normal people will be able to buy their own homes and no one will feel invested in their community. The normal predicted results will play out.
You heard it here first!
Here's a pic of my first home. I bought it in 2005 for $70,000 with $3000 down. I sold it in 2015 for $70,000. According to the internet, it just sold this February for $165,000.