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How Homeownership Became the Engine of American Inequality
- sharemywin 9y agoIf you lump it in with the standard deduction its not so regressive.
- Eridrus 9y agoI think it makes sense to abolish programs like the MID or first home buyer assistance that largely just increase home prices. But it would certainly suck to take out a loan on a home now and be told next year that not only is the MID gone, but your home is less valuable now and you effectively just surrendered a chunk of your deposit. Maybe phasing it out over by 10% a year over a decade would be realistic, but would still run into the realtor lobby.