subject: New government programs and talk about eliminating the housing mortgage deduction [print this page] Also suggested at this meeting by Thomas Hoeing of the Federal Reserve Bank of Kansas City was to eliminate the mortgage tax break for homeowners. I know, I know was he really serious? Come on now really? Does he think this is going to fix anything? The NAR certainly was taken back that someone would even suggest it. The housing tax break is one of the incentives of home owner ship in our country. Eliminating it certainly would not put us any closer to a recovery, in fact it would probably hinder and slow the economic recovery much needed at this time.
New government programs and talk about eliminating the housing mortgage deduction
