Mayor Jesse Arreguín's charges about permissible heights, demolition of rent-controlled housing and displacement that would result from Senate Bill 827 by Sen. Wiener are refuted in the Berkeleyside article, though the latter two have resonance.
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