Marcus & Millichap – Apartment Outlook
Tax Law Reinforces Apartment Housing Demand as Rising Interest Rates Dampen Homeownership Outlook https://www.marcusmillichap.com/research/researchreports/reports/2018/08/28/apartment-outlook#.W6RimtY1-Ks.email — Tax rules favor rental lifestyle. The recent tax reform added two provisions that could impede first-time homebuyers. Under the new tax law, the standard deduction has doubled to $24,000 for married couples ($12,000 for individuals), pushing the threshold home price …