Mark MacKenzie is the president of Mark MacKenzie Real Estate Planning Inc. in Phoenix and author of It’s the Housing Market, Stupid! (Fortune Publishing, 2008) Read MacKenzie’s blog at http://itsthehousingmarketstupidbook.com
As it did after Hurricane Katrina, the government can inject new life into the housing market by appealing to investors.
One very effective and immediate way to make more home deals financially attractive to investors is to revise the current limitations on tax deductions for passive losses incurred from real estate investments.