[quote=jpinpb]The insanity continues. Now I just keep checking to see what else they have up their sleeves.
Really, when you think about it, the real estate market has just been perpetually and continually government sponsored, from when Clinton did away w/the capital gains tax ….[/quote]
Actually, jpnpb, it goes back further than that. Deductibility of home mortgage interest goes back a long way, as do the price support schemes called FNM, FRE, FHA etc. (With more limited programs than they are offering now, but still very important, and designed to boost prices to benefit older folks who bought earlier at the expense of younger folks who have to buy later.)
