Menu

Home › Forums › Financial Markets/Economics › Proposed Mortgage Interest Deduction Phase Out? › So my thought is… There is

July 8, 2011 at 4:08 PM #709135
Huckleberry
Participant

So my thought is…

There is a high majority of $250K and above income earners along the coastal areas of SD, especially west of the 5.

I foresee housing in these areas receiving a major valuation blow if this Obama legislation is passed. Am I missing something here?

If this does get passed, what is the time frame it will take for these areas to start feeling significant downward pricing pressures?