See that Condo buyers, joint filing, may not get tax break as standard deduction are better for them.
With 750k ceiling, max benefit people can claim itemized is appx $40000 (10k property tax and 30k mortgage interest) while standard deduction is 24k.
The max benefit is appx 16k difference. It encourages cash purchases or claim standard deduction.
Hereafter BA homes will take absolute value growth and direct mortgage rate, but not depended on mortgage+property tax benefits.