POLL: How will ending the MID affect home prices?

Posted by ft Editorial Staff | Aug 29, 2016 | Finance, Reader Polls, Real Estate, Tax | 3

How will ending the mortgage interest tax deduction (MID) affect home prices?

Home prices will decrease initially, but level out. (45%, 85 Votes)
Home prices will continue to decrease over time. (42%, 80 Votes)
Home prices will be unaffected. (14%, 26 Votes)

Total Voters: 191

This poll will close on September 12, 2016.

Related articles:
The MID truth test
Sending a sacred cow off the fiscal cliff: the MID

About The Author

ft Editorial Staff

is the production staff comprised of legal editor Fred Crane, writer-editors Connor P. Wallmark, Carrie B. Reyes, Amy Platero, David Swistock, consulting instructor Summer Goralik, graphic designer Mary LaRochelle, video instructor Bill Mansfield and video editors John Rojas, Quinn Stevenson and Jose Melendez Avila.

3 Comments

Carmine Pascucci on August 31, 2016 at 8:34 am
Government as most institutions is growth oriented. Wouldn’t you like to see your friends get higher income and other friends get better jobs. Politicians are no exception. Given any rate of growth perminently compounding the unavoidable conclusion is 100% or in the case of government one hundred percent of the economy. This has been tried before. I does not work.
Reply
GG on August 30, 2016 at 8:52 pm
I concur with the above. It is another way for government to keep from helping people own a home. Instead of placing working people in a hardship position, why not cut your own budget Uncle Sam?
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Fran on August 30, 2016 at 2:51 pm
How about “no new taxes”? No need for new taxes when interest is no longer a deduction!!!! Just another tiny chunk of the middle class status getting removed. When people cannot find a reason to stretch for their own home, they will just rent. Who will own the housing???? Wealthy….banks. Not the American Dream of our grandfathers!!!!!
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