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Economics

So Long, California? Goodbye, Texas? Taxpayers Decide Some States Aren’t Worth It

After new tax law made it costlier to own a house in many high-price areas, some residents are pulling up stakes. The federal tax overhaul that Congress passed in late 2017 has made it costlier to own a house in many high-price, high-tax areas, reshaping the economics of homeownership in those slices of the U.S.

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By
Doreen Pottios
on
January 25, 2020