This site contains Vahan Janjigian's thoughts about investing and the economy.
Thursday, November 04, 2010
Kill This Subsidy
I have never understood why mortgage interest is tax deductible. This subsidy simply bloats the value of homes, favors the home building and real estate industries over other industries, and encourages people to take on more debt than they otherwise would. Read more at Let's Kill This Housing Subsidy.