Hello town homes and apartments.
If they eliminate the mortgage interest deduction the value of single family homes will drop like a rock and you'll be able to buy two of them.
The error in the report is that they are citing a Communist/Marxist and he equates HOUSING with INVESTMENT.
We've always suspected the Commies would be happy to leave people sleeping under bridges and in culverts if it would help them ban private property entirely.
This guy at Urban-Brookings kind of gives away the show.
“I’m glad I own my single family home because the way things are being pushed, single family homes are soon to be unaffordable for anyone to buy.”
Huh? Our friends in government are currently doing everything they can to prop prices up, on the old New Deal theory that higher prices equal better economy. The market wants prices to go down. Needs them to go down. If government got out of the way, they would go down.