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

3
168

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:

Continue reading at Inequality.org

3 COMMENTS

    • 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?

Comments are closed.