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Do you think the Mortgage Interest Deduction will stop?

  • Broadcast in Real Estate



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We ask this question because I was asked this yesterday while at a listing presentation in one of the local Valencia CA communities.

I had not heard any talk of this since mid 2013. I don't think there is anything that is being debated on this topic.

However, we just started 2014 and maybe it is something that will appear on the chopping block.

All I can say is we should all fight the urge to approve having the mortgage interest deduction stopped.  

It is one of the primary reasons for home ownership amongst the American Public.

Removing this Home Ownership tax benefit, would cause more harm than good for the American Public.

Having said that, I cannot help but think the power that be think, "So what!"