Mortgage tax break in the news

[1stimebuy]

I heard from today’s morning radio and I couldn’t believe it. This is not even in a major news front so probably not many is taking it seriously, however, wouldn’t it simply mean a huge disincentive to buying a home? I can’t imagine how the San Diego market would fare should they actually decide to do this. This is ten times the impact of that $8K tax break in the opposite direction.

http://www.nytimes.com/2010/11/13/business/economy/13mortgage.html?partner=rss&emc=rss

They should just pick a policy and stick with it, whether it’s a short term economic recovery or longer term fix.

[Huckleberry]

I agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.

This will put the final nail in the coffin of a housing recovery…

[Huckleberry]

I agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.

This will put the final nail in the coffin of a housing recovery…

[Huckleberry]

I agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.

This will put the final nail in the coffin of a housing recovery…

[Huckleberry]

I agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.

This will put the final nail in the coffin of a housing recovery…

[Huckleberry]

I agree, this will absolutely hammer the housing market demand, which is pretty much non-existent as is.

This will put the final nail in the coffin of a housing recovery…

[SD Transplant]

A quick note from the NAR chief was stating that the elimination of the MID will shave off about 15% of the current prices…….we shall see

[SD Transplant]

A quick note from the NAR chief was stating that the elimination of the MID will shave off about 15% of the current prices…….we shall see

[SD Transplant]

A quick note from the NAR chief was stating that the elimination of the MID will shave off about 15% of the current prices…….we shall see

[SD Transplant]

A quick note from the NAR chief was stating that the elimination of the MID will shave off about 15% of the current prices…….we shall see

[SD Transplant]

A quick note from the NAR chief was stating that the elimination of the MID will shave off about 15% of the current prices…….we shall see

[XBoxBoy]

Seems we’ve talked about this a lot lately.

http://piggington.com/elimination_of_mortgage_deduction

I’m definitely on the side that says this ain’t gonna happen. Too many homeowners who would be pissed off, never gonna make it past congress.

[XBoxBoy]

Seems we’ve talked about this a lot lately.

http://piggington.com/elimination_of_mortgage_deduction

I’m definitely on the side that says this ain’t gonna happen. Too many homeowners who would be pissed off, never gonna make it past congress.

[XBoxBoy]

Seems we’ve talked about this a lot lately.

http://piggington.com/elimination_of_mortgage_deduction

I’m definitely on the side that says this ain’t gonna happen. Too many homeowners who would be pissed off, never gonna make it past congress.

[XBoxBoy]

Seems we’ve talked about this a lot lately.

http://piggington.com/elimination_of_mortgage_deduction

I’m definitely on the side that says this ain’t gonna happen. Too many homeowners who would be pissed off, never gonna make it past congress.

[Author]

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