Home › Forums › Housing › Morgtage intrest tax deduction may get capped › Just my humble opinion… If
Just my humble opinion…
If these tax deductions get stripped away, mid-priced areas $450-$650K are going to get hammered pretty good over the next 5 years.
I think the higher end won’t feel the pinch as much, and the lower end will obviously still be subsidized. The mid range is where it’s going to hurt.
I think this policy change alone will have dire consequences on the fragile housing recovery…