Deduction of Income, Sales and Property Tax

Old Law:
Were Deductible

New Law: Deduction capped at $10,000

Will this cause people to move to low tax states
like Texas and Florida?

Will this affect property values ?

Deduction of Mortgage Interest

Old Law:
Could write off interest on loans to one million dollars


New Law:
Interest deduction capped at $750,000

Will this slow constitution of expensive houses

Also:
homeowners can no longer deduct
interest on home equity loans.