Wednesday, August 2, 2017

The Mortgage Interest Deduction Is Pure Rent Seeking So End It

If the mortgage interest deduction only raises debt levels and home prices, but doesn't raise homeownership, then it is not helping society and should be gradually phased out.

from Forbes Real Time http://www.forbes.com/sites/jeffreydorfman/2017/08/02/the-mortgage-interest-deduction-is-pure-rent-seeking-so-end-it/
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