Why is it that, typically, tax issues occupy the holiday season discussions? This year is no different. Tax reform is looming out there and it appears that it will likely happen. Nobody can tell us for sure what it will be, but it looks like congress will come up with something. I'll be surprised if it pleases anyone. If the proposed mortgage interest deduction limitations stay, this legislation will take away the purchase incentive for the entry level California homebuyer. How that influences the rest of the California market is a topic for discussion. Let's leave this topic for the month of December. We'll have plenty of time to discuss it then. For now, let's just enjoy Thanksgiving with our family and friends. Forget about our social concerns and issues for one moment. Be thankful for our blessings and enjoy one day without the weight of the world on our minds.
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