A jolt to real estate...
“If you take away the ability of people to write off taxes and mortgage interest, you’ll start to see increased migration out of the state. This is just disastrous for us,” Freedman added.
For more, including comments by Congressman Jim Himes and Senator Richard Blumenthal: http://m.stamfordadvocate.com/local/article/GOP-tax-bill-spells-potential-trouble-for-Conn-12405070.php#photo-13221132
Photo: stamfordadvocate.com.
The GOP bill holds few incentives for homeowners.
From high-end to mid-range to affordable, the housing market in Connecticut is likely to be jolted by Republican tax legislation — and not for the better, in the judgment of real estate professionals and Democratic lawmakers, Dan Freedman reports on stamfordadvocate.com.
"For Connecticut, this tax bill is particularly onerous," said Michael Barbaro, president of Connecticut Realtors, Freedman wrote.
“If you take away the ability of people to write off taxes and mortgage interest, you’ll start to see increased migration out of the state. This is just disastrous for us,” Freedman added.
For more, including comments by Congressman Jim Himes and Senator Richard Blumenthal: http://m.stamfordadvocate.com/local/article/GOP-tax-bill-spells-potential-trouble-for-Conn-12405070.php#photo-13221132
Photo: stamfordadvocate.com.
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