HenryBHough
Diamond Member
The mortgage interest deduction was preserved when lots of other interest was made non-deductible because the regime then in power felt home ownership was a good thing. It built stability for families.
Easy to see why the current regime is salivating to end it. Keep people renting and, when they become poor enough, stack 'em up in government housing. Like those grim cement monstrosities in Russia, some of which still stand in the former East Berlin. Then you can hand out housing to your friends and banish your enemies to the streets.
Easy to see why the current regime is salivating to end it. Keep people renting and, when they become poor enough, stack 'em up in government housing. Like those grim cement monstrosities in Russia, some of which still stand in the former East Berlin. Then you can hand out housing to your friends and banish your enemies to the streets.