June 10, 2010
Investment advice - tar and feathers
Seriously, the Obama Administration is actively trying to get The Masses riled up. Newest way? Eliminiating the mortgage interest deduction!
Let's see, this eliminates a big reason to own instead of rent. That will press housing prices down more. It's a win/win!
Look, I'm actually open to the idea of eliminating the deduction but it's considered untouchable for a freaking reason. Telling homeowners that the mortgage interest deduction is getting eliminated in order to pay for Obamacare? Good luck with that!
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Let's see, this eliminates a big reason to own instead of rent. That will press housing prices down more. It's a win/win!
Look, I'm actually open to the idea of eliminating the deduction but it's considered untouchable for a freaking reason. Telling homeowners that the mortgage interest deduction is getting eliminated in order to pay for Obamacare? Good luck with that!
Posted by: alexthechick at
10:02 PM
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