This has to be one of the most irresponsible pieces of propaganda ever distributed by a trade group who is supposed to be helping their members. Declaring that people will lose more than 10% of your home's value is pure scare tactics, and it could cause a...
Tax Reform
The Big Stagnation, Part 2
In September, I touched on the Big Stagnation: https://www.bubbleinfo.com/2017/09/02/the-big-stagnation/ Just talking about the GOP tax changes could slow down the market. Because the N.A.R. and others are suggesting publicly that home values could drop 5% to...
GOP Tax Reform
From HW: The Republican tax plan is in, and an investigation reveals one place stands to lose far more than any other under the new plan. To recap – the Tax Cuts and Jobs Act will slash the mortgage interest deduction in half from $1 million to $500,000, double the...
Tax Reform?
The California Association of Realtors is pushing realtors to object to the Big Six tax reform. Here are the reasons why: C.A.R. OPPOSES the Tax Reform Proposal Because: We must reverse the decline in California’s homeownership rate. For over 100 years Congress has...