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You realize that the tax deduction for mortgages lowers the cost of rent by reducing the expenses involved in maintaining a large capital investment like a rent

• munk-a 9y ago
  It does, but not at an even amount. The tax deductions lower the cost of operating a unit for renting, but that doesn't mean all the money saved gets translated directly to benefiting the renters.
• dragonwriter 9y ago
  > You realize that the tax deduction for mortgages lowers the cost of rent by reducing the expenses involved in maintaining a large capital investment like a rental house In a sense the does, but that's somewhat illusory. As with other businesses, any reasonable and necessary expenses of maintaining and managing the property being rented are deductible as business expenses for landlords; mortgage interest is, AFAIK, currently excluded from that only because, with the mortgage interest deduction, it would be double counted. Virtually no one who supports removing the mortgage interest deduction opposes the general notion of deduction of reasonable and necessary business expenses.