Archive for August 15th, 2019

$$$: What’s the impact of the Tax Cut & Jobs Act on house prices?

August 15, 2019

Answer: For sure, the TCJA put downward pressure on home values … how much depends on a home’s value before deduction caps were put in place.


In a prior post, we started thinking about this question (since nobody else seems to have landed on the issue) … and took a stab at estimating the isolated impact of the TCJA’s cap on the mortgage interest deduction.

A couple of readers asked (1) What about the impact of the SALT deductions cap?, and (2) Can you work through a example from start to finish … as simply as possible?


Always aiming to please my loyal readers, here’s a try at answering both inquiries with a simple(?) example….