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NAHB CEO: GOP is interested in our demands on the tax bill—nobody wants a housing recession

NAHB CEO: GOP is interested in our demands on the tax bill—nobody wants a housing recession

The NAHB has asked that the bill maintain a cap on mortgage interest deduction at $1 million but expand the deduction to include home equity loans for capital improvements to residences among other demands. The Senate bill would not change the mortgage interest deduction. If the Senate passes its version, conferees would have to reconcile their two.

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