Support for real estate bipartisan

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We recently poured our coffee and opened newspapers or browsers to learn that most of us are paying a much higher percentage of our incomes in taxes than America’s most noted billionaires, some of whom paid absolutely zero in some years. While nothing suggests conduct beyond masterful navigation of the U.S. tax code, a discussion of fairness seems fitting as well as a spotlight shone on how legislation has historically produced tax laws instituting preference of certain forms of income and assets over others. Individual perspectives on this topic may divide along ideology so I will not go there, yet the read got me thinking about the preferences relating to real estate.

Among the exceedingly rare points of consensus in our dysfunctional political environment is the steadfast support of real estate. Based on the undisputed financial and societal benefits of homeownership, legislation relating to private property rights and privileged tax treatment has…

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