Thinking about federal housing policy and how it could ease off of subsidizing demand from wealthy households to open up more supply to those that need it, especially first time home buyers with limited cash on hand. My old friend the mortgage interest deduction jumps to mind #housing #TaxReform https://budgetlab.yale.edu/research/mortgage-interest-deduction-options-reform
I've posted previously that just cutting yachts out would be helpful (though I expect my wealthy and well-connected friends in the yacht industry disagree!) #Yacht #inequality https://oaksmithyachts.com/blog/maximizing-tax-benefits-by-classifying-your-yacht-as-a-second-home
