Congress made mortgage interest payments tax deductible in 1913, which gave folks an incentive to think of houses as investments. Increasing home ownership was

Congress made mortgage interest payments tax deductible in 1913, which gave folks an incentive to think of houses as investments. Increasing home ownership was an express goal of the Bush Administration: https://www.youtube.com/watch?v=GkAtUq0OJ68&ab_channel=vastgoedzeepbel https://www.youtube.com/watch?v=GkAtUq0OJ68&ab_channel=vastg... They wanted to promote an "ownership society": https://en.wikipedia.org/wiki/Ownership_society https://en.wikipedia.org/wiki/Ownership_society Great questions.