Quote:
Originally Posted by fasternyou929
I think most of us on this board knew SS would be a black hole we just threw money into for most of our working lives, for nothing in return.
However, nicking the deduction for mortgage interest could unsettle a barely-recovering housing market all over again. With homes making up the bulk of American's net worth, that could be ugly. The last thing we need is to make homeownership less appealing.
|
The housing market is still screwed, possibly worse than it was before. The majority of people just don't realize it yet.