No, and that means this is the best time to get this done. The least amount of people will be affected.

The interest rate will go back up at some point and we would have a fairer house market without this tax deduction. It's basically a tax break for people with enough resources to buy their house. And it drives up the housing prices making it harder for first-time buyers.

It means it’s the perfect time to phase out the deductions, because they are very low at the moment.