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In the US, the government already heavily subsidizes home ownership via the mortgage-interest tax deduction[0]. From Wikipedia, it seems that similar programs e
by igonvalue 12y ago
In the US, the government already heavily subsidizes home ownership via the mortgage-interest tax deduction[0]. From Wikipedia, it seems that similar programs exist worldwide as well[1]
[0] http://www.npr.org/blogs/money/2012/06/14/154344781/why-does-the-mortgage-interest-tax-deduction-still-exist http://www.npr.org/blogs/money/2012/06/14/154344781/why-does...
[1] http://en.wikipedia.org/wiki/Home_mortgage_interest_deduction http://en.wikipedia.org/wiki/Home_mortgage_interest_deductio...
- rahimnathwani 12y agoThe UK abolished this in 2000: http://en.wikipedia.org/wiki/Mortgage_interest_relief_at_source http://en.wikipedia.org/wiki/Mortgage_interest_relief_at_sou...