[hibikir]

Unless you are a homeowner at an expensive metro. It used to be basically every homeowner, but the changes in 2018 led to a massive reduction of people itemizing. The standard deduction went up a whole lot, and along with it, the deduction for state and local taxes was capped to a relatively low number. So if you owe, say, $200K in your mortgage, chances are that you are going to need non-trivial bonus itemization to get to the cap, when in 2016, that was definitely enough to itemize.

In practice, about half as many people itemize today than they did back in 2016.

[tylerhou]

Also, the SALT cap is not indexed to inflation, but the standard deduction is, so as time passes it’s likely that fewer and fewer people will itemize.