Clive Crook has sadly missed the mark of his own story "Housebound-Why home ownership is bad for America", in that he has taken way too many words to explain his disapproval of merely one aspect of home ownership, that of the mortgage interest deduction. His premis that this deductioin tends to put a damper on our economic vibrancy and thereby causes negative social effects is nothing more then HOGWASH! Yes I agree that there is lost federal revenue from these deductions but is this particularly bad for America? On … (3 comments)
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