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To: EGPWS
I'm glad I own my single family home

If they eliminate the mortgage interest deduction the value of single family homes will drop like a rock and you'll be able to buy two of them.

5 posted on 07/28/2011 1:24:00 PM PDT by ladyjane
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To: ladyjane

In 1992, I bought a home that I could afford. Because I kept it reasonable, I never paid enough interest to be able to take the deduction.


15 posted on 07/28/2011 1:49:21 PM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: ladyjane

why would you want to?

for the privilege of paying property taxes and living in neighborhoods overrun with cheap houses given up by people who cannot afford them when financial terms change in the middle of the game?

bought by...? Or given away by the govt?

isn’t the usual argument there will be so many other more beneficial for the middle class to invest?


31 posted on 07/28/2011 2:12:48 PM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: ladyjane
If they eliminate the mortgage interest deduction the value of single family homes will drop like a rock and you'll be able to buy two of them.

Sounds good to me.

41 posted on 07/28/2011 2:57:22 PM PDT by Age of Reason
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