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Ed Goldman: Thanks for not ending the mortgage deduction

Even though I no longer have a mortgage, the federal budget proposal to eliminate its tax deductibility struck me as a misguided and possibly self-defeating move on the part of Congress — one that would have discouraged new homebuyers from aspiring to buy larger, more expensive homes as they increased the size of their families or simply wanted more space.

As I’ve mentioned here before, I don’t agree with the building industry’s hue and cry  — that buying a home is the American Dream.…


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This article was syndicated from: Sacramento Business News - Local Sacramento News | The Sacramento Business Journal - Click here to read the original article

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