Getting rid of the mortgage interest deduction would probably be the best thing to happen to the US since the Constitution. Especially for people in less than desirable neighborhoods. Slumlords wouldn't be able to function. Housing prices would go down, rents would go down, people who wanted to own could own affordably, and renting would be insanely affordable.
The U.S. Tax Code is one giant game that steals short-term investment power from the majority people (low to medium income people) and gives it to the wealthiest people for them to write new rules of the game.
Getting rid of the mortgage interest deduction would probably be the best thing to happen to the US since the Constitution. Especially for people in less than desirable neighborhoods. Slumlords wouldn't be able to function. Housing prices would go down, rents would go down, people who wanted to own could own affordably, and renting would be insanely affordable.
The U.S. Tax Code is one giant game that steals short-term investment power from the majority people (low to medium income people) and gives it to the wealthiest people for them to write new rules of the game.