We could pay for a lot of affordable housing nationwide with this $70 billion tax write-off for the upper middle-class.https://twitter.com/sonjatrauss/status/880090727811760129 …
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Replying to @kimmaicutler
Are you sure this write-off doesn't incentive people to buy, thus incentivizing people to build, this leading to more housing?
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Replying to @typesfaster
people don't build here, so it just gets capitalized into higher housing costs. http://www.mitpressjournals.org/doi/abs/10.1162/REST_a_00427?journalCode=rest …
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Replying to @kimmaicutler
Rolling back federal legislation (if it works -- I have no clue) because of local issues isn't fair though
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Replying to @typesfaster
it's a national issue. https://www.nytimes.com/2017/05/09/magazine/how-homeownership-became-the-engine-of-american-inequality.html?_r=0 …
2 replies 0 retweets 0 likes
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