Yep between the salt tax deduction cap, incredibly low interest rates, recently lowered limit of $750k for how much home value qualifies for the mortgage intere

Yep between the salt tax deduction cap, incredibly low interest rates, recently lowered limit of $750k for how much home value qualifies for the mortgage interest deduction, and recently raised standard deductions, for a married couple (and maybe also for a single person but I haven’t calculated that in detail) the tax benefits of owning a house are very close to 0. Which is probably a good thing, there’s no need to give the huge breaks we have been the past few decades to people wealthy enough to buy a house. But what a bizarrely complicated way to go about enacting this change instead of just eliminating the mortgage interest deduction altogether.