Inman News: Changes to MID seen as increasingly likely October 15,2012

Submitted by lusk-admin on Fri, 01/04/2013 - 15:31

Richard Green, the director of the USC Lusk Center for Real Estate, told forum attendees that reforming the MID is necessary for fiscal sustainability.

"We need to get revenue," Green said. "You need to make a judgment about what's better or worse for the economy. In my opinion, it's better to do it with tax expenditures, rather than rates, though you may have to do both to get to where we need to be."

For the full article, see the link below: