I have been thinking of this stuff since the law passed, but I think a lot of people don't look at taxes until they file in a few weeks. I wonder if after they file and realize that the 24k standard deduction will make it less likely for mortgage interest to be deductible will make people think twice about borrowing huge?
Do you think the 1. record home increases + 2. Dropping/stagnant stock market + 3. unfavorable tax deduction for mortgage interest = slower increase in home appreciation?
Thought? Crystal ball?
(sorry late edit: I forgot to mention rising Interest rates: throw that in there too please)
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