4 ms·
Yes, but in that case low interest rates are driving the decision to loan, not interest rate deduction as the NYTimes article posits.
by spaceflunky 9y ago
Yes, but in that case low interest rates are driving the decision to loan, not interest rate deduction as the NYTimes article posits.
- humbleMouse 9y agoI disagree. In my example the rich person indeed has an economic incentive to get a mortgage based on the interest rate deduction tax break. The low interest rates are also an incentive - but so is the tax deduction.