NPR

Tax Changes Could Hurt Affordability At High End Of The Housing Market

Thanks to the tax overhaul, buying a home will get more expensive in some places in 2018. That's because of new restrictions on how much mortgage interest and property taxes homeowners may deduct.
The new tax law will have the biggest impact on the market for luxury homes such as this one in the Pacific Heights neighborhood of San Francisco.

Kari Pinto and her husband recently retired, and now they hope to trade Iowa — and its harsh winters — for a state with a milder climate.

But the tax bill President Trump signed into law last month has complicated their search for a new home.

"Now we just have another wrinkle in trying to determine where to go, and how much it's going to cost us,"

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