Bay Area doesn't need low income subsidies, it needs repeal of NIMBY laws that obstruct new construction, keeping prices artificially high.
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Over-regulated housing market makes it impossible for construction to keep pace w demand. Home owners
this: inflates their home values. - 2 more replies
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Mortgage interest is a form of investment interest. Investment interest (personal or business) is deductible. An exemption would break that.
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Moreover, it would break the principle of the deductibility of investment interest specifically for _individuals_ and not businesses.
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Yeah but we can scapegoat with the best of them!
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Something YIMBYs and subsidized affd housing advocates should have worked together on. Here's
@SFHAC's letter http://www.sfhac.org/wp-content/uploads/2017/03/AB71los.pdf … -
Let's do it in 2018. It needs a Senate sponsor if 2017 is a guide.
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