The Soapbox

NJHoo

Joined: 08/14/1998 Posts: 8003
Likes: 10902


Granted, my adverb selection was imprecise


I just think that once people of lower income levels have the $24 K deduction in hand, there is no incremental/marginal deduction incenting purchase of that first house. I'm thinking they will be more inclined to save money for a longer period of time, especially if they think their career will give them income growth.

There are, of course, a good number of reasons to purchase rather than rent. I expect we both could produce a similar list.

(In response to this post by BocaHoo91)

Posted: 12/20/2017 at 2:27PM



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Current Thread:
 
  
Existing Home Sales figures are strong (link) -- Tuckahokie 12/20/2017 11:18AM
  Yes, the best in 11 years -- VaTechie 12/20/2017 1:09PM
  I talked my friend at 55 to do it -- VaTechie 12/20/2017 4:30PM
  Yes they do. I did (in part). -- WahooMatt05 12/20/2017 1:04PM
  Greatly? -- BocaHoo91 12/20/2017 1:40PM
  Granted, my adverb selection was imprecise -- NJHoo 12/20/2017 2:27PM

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