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But you have reasons to raise taxes though to help the homeless and to make a red carpet welcome for illegals. And the lemming majority of Cali are as happy as clams as their state is destroyed. Pied Piper anyone?
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Interest rates, I agree. The mortgage interest deduction has never had a causal relationship to home ownership since its inception (people don't buy homes because of the deduction, it's just a perk) so I doubt the deduction caps have had any real effect on sliding home sales
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College debt. They are having to pay that down before they can finance their homes. Trend will only continue unless college debt can be financed in with mortgage. There by paying back government and less likely default bubble on stud. loans and constant refinancing of them.
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