Subject: Re: Capital gains tax
Thanks BG.

Sigh, i am getting a mortgage now, but despite i have liquid assets several times of the mortgage amount i want to apply, the bank will only look at my w2 salary to determine how much loan to approve. There are of course asset-backed mortgages i heard, but the interest rate is 2% higher.

I remembered many years ago Bernanke complained he couldn’t get a mortgage because he’s retired. The lending rules of the banks are indeed quite restrictive (or i would even say unreasonable)