Mortgage interest deduction. I believe folks will be grandfathered if I am not mistaken.
I don’t know if this would really make homes more affordable. Granted home prices might go down a bit, but most folks trying to get into a home for the first time would have much less disposable income to work with to…
Works great for people with a lot of money. I predict an exasperated gap between those who own multiple homes and those who will be close to lifelong tenants…especially considering the tax plan also calls the elimination of estate taxes. Now generations and generations of property owners can pass on their properties with very little tax consequences
