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To: mishedlo who wrote (39032)10/12/2005 11:40:59 AM
From: valueminded  Respond to of 116555
 
300k would be good, if it was the total for all mortgages including seconds, additional houses etc. Unfortunately, I saw where they were going to make a special dispensation for "high cost of living areas" was mentioned. Seems like a bad idea to start a "revised change" with special priveledges . . . .



To: mishedlo who wrote (39032)10/12/2005 2:23:30 PM
From: Knighty Tin  Respond to of 116555
 
So, you bubble the average price of a house up to a million bucks in some areas, and then cap the mortgage interest deduction? That should put a stake in the heart of the real estate market.


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