America’s contradictory housing politics on display. “Home values go down” also equals lower home prices. https://medium.com/@mayoredlee/washington-d-c-tax-policies-will-harm-california-families-d89832a680ee …pic.twitter.com/ZXpcAs7C14
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Because you can’t rely on the deduction giving you back $20K a year, maybe everyone wouldn’t want to pay as much for the median house?
SALT is genuinely terrible though. CA is already a net donor state and this would force coasts to subsidize red states more
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