Crack down on illegal immigration and you will have a HUGE housing SURPLUS.
So what does California do?
Subsidize more new housing.
How incredibly stupid.
I’d love to see somebody do the math on this. Having bought the new house, you’d have interest and property tax write offs, you’d have the personal exemption, and you have an income tax rate under 10%. I can’t see this being of maximum value to anybody making less than 75 grand.