Los Angeles Times

Homeownership will get more expensive for some Californians under the GOP tax bill

The Republican tax bill headed for President Trump's desk reduces the ability of home buyers to deduct mortgage interest, which will be a hit to home shoppers in Southern California and the Bay Area, where housing costs are sky-high.

But the interest provision is far more limited in scope than a previous proposal. Real estate experts and professionals said Tuesday that they don't expect a big effect on home buying in the region, and that any ramifications will be largely restricted to well-to-do neighborhoods.

Under the

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