Mortgage Interest Tax Deduction

California House

Op-Ed: It's Time for a Weakened Mortgage Interest Deduction To Go

Last year's tax reform bill seriously curtailed the mortgage interest deduction, despite its reputation for untouchability. Perhaps lawmakers should get rid of it entirely.

May 4, 2018 - Slate


Tax Reform and the Housing Market

Curbed analysis of how local and regional housing markets will react to changes to the country's tax code.

January 8, 2018 - Curbed


Home Ownership Subsidy Takes a $250,000 Hit in Final Version of Tax Bill

The current mortgage interest deduction is $1 million. The House version of the tax bill called for a $500,000 cap while the Senate left it untouched. They split the difference and capped it at $750,000. Congress is expected to pass H.R. 1 this week

December 20, 2017 - The New York Times

Capitol Hill

What the Final Tax Reform Bill Has in Store for Housing and Development

The final version of the tax reform bill included some surprises with regard to housing and infrastructure funding mechanisms threatened in previous version of the bill.

December 18, 2017 - American Planning Association

Capitol Hill

Caps on Mortgage Interest, Property Tax Deductions Included in Republican Tax Reform Package

The mortgage interest deduction would be capped, as would property tax deductions, under a sweeping tax reform package proposed today by Republicans.

November 2, 2017 - The New York Times

Colorado Homes

Home Builders Oppose Changes to Property Tax, Mortgage Interest Deductions

The National Association of Home Builders has decided that the Republican tax reform proposal would lower property values.

November 1, 2017 - USA Today

Home For Sale Signs

Changes to Mortgage Interest Deduction Cap Still on the Table

One hot button item to watch as Congress takes up the issue of tax reform in the coming weeks: whether Republicans are able to follow through on a promise to reform the mortgage interest deduction.

August 27, 2017 - CNBC


The Tax Code's Special Interest: Suburban Real Estate

Suburbia isn't an accident.

August 24, 2017 - Devon Marisa Zuegel

Angelino Heights

Trump's Tax Reform Proposal Would Have a Big Effect in the Housing Market

Housing prices may fall 10 percent on average nationwide, according to a preliminary estimate commissioned by the National Association of Realtors, if the Trump Administration's tac code reform package becomes law.

May 22, 2017 - Bloomberg

Capitol Hill

Americans Are Ready for Tax Reform; But at the Cost of the Mortgage Interest Deduction?

Kenneth R. Harney reports on the possibility that lawmakers in Washington, D.C. could target the mortgage interest deduction as part of a Republican tax reform plan.

April 10, 2017 - The Washington Post

Beach Homes

Oregon Legislation Would End Mortgage Interest Deduction for Second Homes

A bill currently in committee in Oregon would raise revenue for the state's housing accounts by ending a subsidy used only by residents who own more than one property around the state.

March 20, 2017 - Statesman Journal

Real Estate Industry Executives Brace for Republican Tax Reforms

A proposal by House Republicans to overhaul U.S. tax law is gaining traction, aided by the certainty of the Trump Administration. Included among the proposed reforms are changes that could bring an end to a key benefit of home ownership.

December 28, 2016 - The Wall Street Journal

Toward a New Federal Funding Formula for Housing

Ending one housing subsidy for households making over $100,000 a year could fund housing vouchers for everyone who needs them.

January 6, 2016 - City Observatory

Reducing the Mortgage Interest Deduction Could Be a Bipartisan Victory

The Washington Post Editorial Board calls for reform of the mortgage interest tax deduction.

December 9, 2015 - The Washington Post

Adding the Environment to the 'Progressive Agenda'

The 13-point 'Progressive Agenda' announced by high profile liberal political leadership earlier this week neglected environmental policies. Can progressives get two birds with one stone?

May 16, 2015 - Grist

New York Governor Proposes Tax Relief for Renters

Since at least the housing crash, government programs like the mortgage interest deduction that subsidize homeowners over the millions of Americans that rent their homes have come in for criticism. A proposed New York tax might address the imbalance.

January 8, 2014 - The Atlantic Cities

The Economic Downside of Homeownership

A new study by two professors from University of Warwick in England suggests that higher homeownership levels correlate to higher unemployment, a finding contrary to long-held beliefs in the unmitigated benefits of owning a home.

May 11, 2013 - The New York Times

President Obama

Proposals for Obama's Second Term

No sooner had the ink dried on the Times' "Obama's Night" headline, than planning advocates began offering suggestions for what the President should focus on in his second term. With an enduring split in Congress it's unclear what is achievable.

November 7, 2012 - The Atlantic Cities

Use the Mortgage Interest Deduction to Channel Smart Growth

Galina Tachieva of DPZ argues that targeting mortgage interest deductions to benefit infill development and denser living would be an effective way to fight sprawl.

September 16, 2011 - Galina Tachieva

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