Thanks, John. I will forward your post to Douglas Holtz-Eakin and Donald Bruce, two economists who have found that eliminating, not just capping, the mortgage-interest deduction as part of a comprehensive tax reform would have only modest effects on home values in the short and long runs. Obviously they know nothing. You’re of course correct that limiting a deduction is a tax increase–but what’s being suggested is a limit to a deduction coupled with the elimination of a tax. Any tax reform will involve raising some taxes and cutting others; that doesn’t mean that any tax reform is, on net, a tax increase.