What Are the Effects of the Tax Cuts and Jobs Act on Housing?

The Tax Cuts and Jobs Act went into effect on January 1, 2018, and made significant changes to the nation’s tax code, such as reducing tax rates, increasing the standard deduction and limiting deductions for property taxes. At EPIQ 2018, CoreLogic Chief Economist Dr. Frank Nothaft examined how the changes could benefit or hinder the housing economy.

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