[mvpel]

There is no moral, logical, ethical, or theological reason for non-home owners to subsidize the homes of others, and I’m a home owner. It is theft, pure and simple.

So, not taxing something is a subsidy? Not taxing income twice is a subsidy?

Wait... what?

[silverleaf]

the mortgage tax deduction also subsidizes rents by keeping the landlord costs down

if I can’t dedust interest, my costs of owning that rental house go up, as surely as the market will allow, I will raise the rent accordingly

a lot more people should be competing for rentals if there is less advantage to ownership other than psychological

or of course I could just sell my rental property, right now my property tax bill is double that of a residence next door, because owners get a homestead credit (another loophole to get rid of for owners who are indignant about govt subsidizing their homes)

I would enjoy screwing the city out of about $3000 a year in excess evil landlord property tax that owner-occupants do not pay

[silverleaf]

the mortgage tax deduction also subsidizes rents by keeping the landlord costs down

if I can't deduct interest, my costs of owning that rental house go up, as surely as the market will allow, I will raise the rent accordingly

plus a lot more people should be competing for rentals if there is less advantage to ownership other than psychological

or of course I could just sell my rental property, right now my property tax bill is double that of a residence next door, because owners get a homestead credit (another loophole to get rid of for owners who are indignant about govt subsidizing their homes)

I would enjoy screwing the city out of about $3000 a year in excess evil landlord property tax that owner-occupants do not pay