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What Does The MID Mean to You?

Posted By Jim the Realtor On February 27, 2009 @ 9:06 am In Thinking of Buying? | 117 Comments

The mortgage-interest deduction is on the table, how do you fee about it?

If your ability to write off your mortgage interest was diminished or eliminated, would it change your mind about buying and sellig real estate?  What would change for you?

We’ll all have some guesses on how any change might affect the overall market, but it would also be interesting to hear how it would impact your individual decision-making too.

We already had this anonymous comment left:

“If this goes through I am officially out of the housing market. Not only that, but either me or my wife will quit working; there is no incentive since one of us will be working full time just to pay the taxes.”


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