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Old 09-22-2012, 10:33 AM   #42
Brock Brock is offline
Do it.
 
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Join Date: Aug 2000
Location: Larryville
Casino cash: $5000
Quote:
Originally Posted by Rain Man View Post
I'm not really sure how it relates to new construction versus the sale of existing homes. I have this inkling that homeowners got a big boost in their home value when the deduction was created, though. All of a sudden people could buy your home for a significantly lower monthly payment; that's got to have a payoff for you.

I have no idea when the deduction was created, though.
New construction prices have a very obvious effect on existing home prices.
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