2 ms·
Only if you look at it as media moguls try to sell the concept. As implemented, much of the benefit goes to the wealthy with both pricey primary homes and with
by DrScump 10y ago
Only if you look at it as media moguls try to sell the concept.
As implemented, much of the benefit goes to the wealthy with both pricey primary homes and with secondary homes.
If you instead limited it to primary homes only and only up to, say, property prices 1.5 times the median single family home price for the area, you'd recover a majority of that deduction right off the bat without harming lower- or middle-income home ownership or causing a dive in property prices or lose the stability benefits of home ownership.