3 ms·
It used to be forced saving, but now people can get second mortgages, HELOCs, reverse mortgages, etc. Also, we could cap the home mortgage interest deduction,
by martincmartin 9y ago
It used to be forced saving, but now people can get second mortgages, HELOCs, reverse mortgages, etc.
Also, we could cap the home mortgage interest deduction, and it would still benefit the poor, but not the rich.