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No, I mean remove it entirely. If you're buying a $1m property you don't qualify for any MID. From the first $1 on.
by accountyaccount 9y ago
No, I mean remove it entirely. If you're buying a $1m property you don't qualify for any MID. From the first $1 on.
- tanderson92 9y agoAh! It's a good thought. I would be concerned that it's regressive in a different way. As it is you already see people unable to afford certain cities. This will only compound the effect since regional differences in real estate markets trump the difference within. It might work, but that is my reservation.