ST Alpha - "Homes would become more expensive to own, but the price would probably drop since the cost is not subject to the deduction. So you'd have people " (Reading a Post)

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Homes would become more expensive to own, but the price would probably drop since the cost is not subject to the deduction. So you'd have people

Posted by pmb (aka pmb) Oct 18 '13, 09:54

losing value. I don't know what the research says (it's all speculative any way), but I think you'd have people losing value on what they own and investing less in longer term assets.

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- I really don't think markets have incorporated this in real estate because they are individual buyers who are not likely to make those broader risk - pmb Oct 18, 10:02 1
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Homes would become more expensive to own, but the price would probably drop since the cost is not subject to the deduction. So you'd have people

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