Doesn’t this just free up more money for real estate? Like, now first time buyers will be able to pump more money into the housing market?
We need to be getting money out of real estate. Remove/lower the tax breaks for home ownership. Set a reasonable lifetime maximum for income tax deductions on sale of a primary residence. Just stop pouring gas on the fire.
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Doesn’t this just free up more money for real estate? Like, now first time buyers will be able to pump more money into the housing market?
We need to be getting money out of real estate. Remove/lower the tax breaks for home ownership. Set a reasonable lifetime maximum for income tax deductions on sale of a primary residence. Just stop pouring gas on the fire.