>> leveraged bets on asset prices at taxpayer expense But doesn't the tax code distinguish between a house which houses its owner and one which doesn't? I don'

>> leveraged bets on asset prices at taxpayer expense But doesn't the tax code distinguish between a house which houses its owner and one which doesn't? I don't think investment homes are treated tax-wise the same as normal homes. I am not aware of tax advantages being extended to investments just because those investments are houses, but maybe I am wrong?