If The Trump-GOP Tax Plan Passes, Kiss Your Home’s Equity Goodbye

Make no mistake: The Trump-GOP tax plan is a declaration of war on homeowners, homebuilders, realtors, and the mortgage industry. With seven different provisions that will put pressure on home values, it’s hard to imagine that the plan will not cause a crash in the housing market.

Wait, seven separate provisions unfavorable to homeowners? But Trump’s blueprint for tax reform recognized the societal value of home ownership, right?

Well, that blueprint was less than candid. Surprised?

Here are those seven provisions:

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3 Responses to If The Trump-GOP Tax Plan Passes, Kiss Your Home’s Equity Goodbye

  1. The GOP tax bill, like all things GOP, is about the transfer of wealth from the makers, the middle class, to the takers, the very wealthy.

  2. bob I own my home for 54 years please explain how I loose my equity?

    • I’ll answer that question with another one: Did you not lose equity when home values in Arizona fell by 50% or more between 2006 and 2011?