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A tax break for investment properties is inflating home prices and hurting first-time buyers, prompting officials to consider changes.
A new government report reveals that a tax discount favoring investment properties is increasingly distorting the U.S. housing market, driving up prices and reducing availability for first-time homebuyers.
The policy, intended to stimulate real estate investment, is now seen as disproportionately benefiting investors, contributing to housing affordability challenges nationwide.
Officials are reviewing potential reforms to address the imbalance.
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Una exención fiscal para propiedades de inversión está inflando los precios de las viviendas y perjudicando a los compradores por primera vez, lo que lleva a los funcionarios a considerar cambios.