ilmscore | Prediction Details
"I'm curious about how that might impact property values in places where this has been a significant issue like New York or New Jersey say California cuz I would imagine this has impacted affordability for people and that always impacts spending GDP you know housing prices and so if this does get you know the limit either gets eliminated or increased like do you see some some Tailwinds for home prices in those areas something I'll definitely be keeping an eye out on yeah I think so... hopefully we'll see a little bit of a reverse migration Trend."
By BiggerPockets | January 29, 2025 | Pending
From video
Will Trump’s Tax Plan Be a Major Win for Real Estate Investors? 00:29:50 - 00:30:50
Interpreted Prediction
If the SALT cap is eliminated or increased, there could be positive impacts (tailwinds) for home prices and a potential reverse migration trend in high-tax states like California, New York, and New Jersey.

Prediction Details

Topic
Real Estate Market (Home Prices)

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