In the US, 100% of mortgage interest (for the first 750k of loan) and property tax (up to 40k combined w/ other state/local taxes) is deductible. Property owner

In the US, 100% of mortgage interest (for the first 750k of loan) and property tax (up to 40k combined w/ other state/local taxes) is deductible. Property ownership gets such favorable tax treatment that it’s kind of ridiculous.