The Fiscal Cliff and the Cap on Mortgage Interest Deductions: Real Home-Buyers React - Redfin Real Estate News

The Fiscal Cliff and the Cap on Mortgage Interest Deductions: Real Home-Buyers React

by
Updated on October 2nd, 2020

Economists are holding their breaths this holiday season, wondering about the economic impact of the government’s budget negotiations and the fiscal cliff we’ll plunge off if a deal isn’t done by January 1.
While we blithely push our shopping carts down the aisles of Target and Toys-R-Us, an unprecedented re-structuring of government spending and taxes is in the works, and it all has to get settled in the next 25 days by people who just want to go home, and who all seem to hate each other’s guts.
For the full report visit the Redfin Research Center.

Glenn Kelman

Glenn Kelman

Glenn is the CEO of Redfin. Prior to joining Redfin, he was a co-founder of Plumtree Software, a Sequoia-backed, publicly traded company that created the enterprise portal software market. In his seven years at Plumtree, Glenn at different times led engineering, marketing, product management, and business development; he also was responsible for financing and general operations in Plumtree's early days. Prior to starting Plumtree, Glenn worked as one of the first employees at Stanford Technology Group, a Sequoia-backed start-up acquired by IBM. Glenn was raised in Seattle and graduated from the University of California, Berkeley. He is a regular contributor to the Redfin blog and Twitter.

Email Glenn

Leave a Comment

Your email address will not be published. Required fields are marked *

Be the first to see the latest real estate news:

  • This field is for validation purposes and should be left unchanged.

By submitting your email you agree to Redfin’s Terms of Use and Privacy Policy

Scroll to Top