The issue of debate over inheritance tax is generally heated, and both sides of the argument fiercely oppose each other. For that, many inheritance tax specialists have given their thought on what this means for everybody. However, Greycoat Real Estate took quite a different approach to the issue, suggesting that the abolition of this tax would benefit all – making it a so-called “win-win” situation. 

According to Greycoat Real Estate, the inheritance tax, aka “death tax” is primarily perceived as an additional financial burden for the grieving family. It could be completely revoked to everyone’s advantage. The removal of the inheritance tax is not only beneficial for the family’s budget during the hard times but is also used to facilitate investment and spending.

Thus stimulating the economy growth, the experts from Greycoat Real Estate argue. In this case, this argument highlights the serious implications such a tax has to many different parties involved and stresses that the housing market could be more liquid generating a more active environment. 

Furthermore, Greycoat Real Estate points at the favorable effect the removal of the inheritance tax could have on the real estate market. Due to the larger amount of capital that will be readily available to buy a house, people would invest more actively in real estate, eventually rhythmizing the market and making more places available, the firm says. 

Therefore, such a context offers a broad view that removal of the inheritance tax is not just an advantage for families but a strategically thought for measure that drives the economic and market climate. Contact Greycoat real estate specialists for more information concerning the housing industry.