>If we're being really real, the mortgage deduction is/was
>unfair all together.

Well this is becuase part of the old "American Dream' was to own a house and this evened out the interest penalty of trying to buy a house. Wasn't long ago that a "good rate" was 6.5% - and that was a penalty on people trying to buy a house.

And remember there's property tax increases each time a property is sold at a higher price so it benefits the (local) government sometimes too.

So "unfair" in one sense - but understandable in another.

The really poor get fucked in any case.


>It was a tax break only for those that can itemize. Who can
>itemize? For the most part, only those who are pretty well
>off