Top White House economist says Zillow estimates suggest Trump’s tax overhaul hasn’t affected housing prices
|04/16/2019||Posted by BusinessMediaguide.Com under General World News||
- White House Council of Economic Advisers Chairman Kevin Hassett said Tuesday he hasn’t seen any effect on the housing market following 2017 tax law changes.
- The Tax Cuts and Jobs Act was expected to increase the after-tax cost of homes.
- A recent report from the Federal Reserve Bank of New York showed the Tax Cut and Jobs Act has contributed to slowing activity through new deduction caps and other policy changes.
White House economic adviser Kevin Hassett said Tuesday he hasn’t seen any evidence the Republican tax reform passed in 2017 has had an impact on housing prices.
Hassett, the chairman of read more >>>