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QE is just a handout for private individuals who sell government bonds on the second-hand market; it doesn't really have anything to do with real estate. But y
by tormeh 11y ago
QE is just a handout for private individuals who sell government bonds on the second-hand market; it doesn't really have anything to do with real estate.
But yeah, near-zero interest rates right now and borrowing costs being tax-deductible contribute to housing bubbles.
- tonyedgecombe 11y agoYes, I'm not sure why we let landlords expense mortgage interest but not home owners (in the UK) but it would be a good idea to get rid of this loophole.