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You don't make any sense. Cities are part of the country, and the policies of the country affect the cities. The nation has a part in figuring out how to deal w
by NotSammyHagar 8y ago
You don't make any sense. Cities are part of the country, and the policies of the country affect the cities. The nation has a part in figuring out how to deal with housing issues. For example, the deductability of interest and local taxes has a significant impact on the cost of housing in a city, especially in big cities.
- chrisco255 8y agoNot when it comes to real estate. There are no Federal laws that restrict real estate usage and zoning. Those are local laws at the city, county, and state level. There are some states that don't have an income tax. And mortgage interest deductions are a nice perk but they're not a fundamental factor in supply dynamics. And supply is the primary reason there's an affordability problem in certain cities. Those cities have to end the NIMBY-ism.