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Tax reform

NYT: How ‘Not in My Backyard’ became ‘Not in My Neighborhood’

The expectation that homeowners should be able to reach beyond their property lines has become deeply embedded. The new tax law has raised the possibility that homeownership may be losing some of its privileged status in American society, as the benefits of the mortgage interest and property tax deductions shrink.

NYT: How ‘Not in My Backyard’ became ‘Not in My Neighborhood’ Read More »

House passes $5.5 trillion tax reform bill

“I am especially concerned by the new limitations placed on the housing sector in this tax reform, which will make it more difficult to expand our supply of affordable housing in the midst of a housing crisis. If the Senate cannot stop this terrible legislation, then they need to find another job,” said John Taylor, NCRC’s President and CEO.

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