‘We’ve been caught in a death spiral’: Could this simple tax reform help struggling home buyers?

It’s tough to understate how difficult it is to be a home buyer in today’s real-estate market.

There are so many people looking to buy homes — some families are deciding to move because of lifestyle changes brought on by COVID-19, while others are simply looking to buy as they get married and have kids.

The trouble is there simply aren’t enough homes to go around. After the last recession, home builders slowed construction activity such that it didn’t keep pace with the country’s growing population. And now, with this recent surge in demand, homes are flying off the market in a blink of an eye.

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