[MarMema]

the effect of the home mortgage interest deduction is primarily to drive up the cost of housing. Eliminate it and housing costs will be lower at the front end than they otherwise would have been. That's good for homebuyers. It's bad for realtors and mortgage lenders whose income is based on percentages and who have a vested interest in inflated housing costs.

This was my take on it as well. It is truly a brilliant plan with changes for long term especially.

[Rome2000]

Except if the house you own that you just paid cash at 500K all of a sudden is worth 300K.

Then you just lost 200K in equity.

I’m fascinated at how petty and jealous so many of the posters are on FR , always delighting in the misery that anything the FEDGOV does that brings hardship to people.

Most people are a little slow, and haven’t yet figured out that once this bill passes, Congress will give Trump NOTHING else to sign and the enslavement of the W-2 worker will be complete.

The Jews call you people Goyim for a reason.