For housing market, tax reform is a wrench in the works
The recently enacted tax reform bill is likely to encourage more consumers to rent instead of buy and tamp down on the rapid rise in home prices. ... Read full article
News Topic: Household formation
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Tax law likely to spur crisis in affordable housing
The tax law is expected to eliminate 300,000 affordable housing units over 10 years in part because it will reduce the value of banks’ low-income tax credits, which finance half of all affordable housing units. ... Read full article