| Home |
| Search |
| Today's Posts |
|
#11
posted to rec.boats
|
|||
|
|||
|
On Sun, 24 Jul 2011 14:43:29 -0400, John H
wrote: On Sun, 24 Jul 2011 10:47:58 -0400, Wayne B wrote: On Sun, 24 Jul 2011 06:15:23 -0700 (PDT), John H wrote: Eliminate all mortgage interest deductions. That'll do it better. At least it would be fair across the board. Might not be popular and might have a somewhat detrimental impact on the housing market. It would probably help the rental market though. =========== Home ownership has always been part of the American dream and the interest rate deduction is a tacit reaffirmation of that goal. Without question home ownership leads to a more stable citizenship and increased two parent family formation. Those were worthwhile goals at the time and still are. I'm not knocking home ownership. I think it's great. But, if the mortgage interest deduction were removed, I still think people would want to buy a home. I don't think that would change. However, for many people, the cost would have to come down far enough to offset the lack of the interest deduction. Some maybe, but it would be a huge disincentive. |
| Thread Tools | Search this Thread |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Forum | |||
| NL_Callantsoog=Yacht on fire_2nd yacht in one week! - 1 attachment | Tall Ship Photos | |||
| yacht trans lines: yacht transport | Cruising | |||
| Damn - now they know..... | General | |||
| Yacht Charter Vancouver - Five Star Yacht Charters | Cruising | |||
| Maxi 1000 Yacht - opinions from owners please | Cruising | |||