This mornings Dallas Morning News had a big below the fold headline - "Mortgage deduction in cross hairs". How in the world are they still thinking about eliminating this important facet of home ownership??? It seems that every time we turn around there is a new story out there that pours cold water on the housing market! There are many many ways to lower the deficit without taking away this valuable benefit of home ownership! In fact taking away this benefit will hurt the housing market in many ways and cause more of an economic slowdown! What are they thinking in DC??? I've been an avid reader of blogs here on Active rain an have yet to see anyone talking about this - is it because most feel that this couldn't/wouldn't happen? Is it because we are so worn out from the recent political season and have lost the fight spirit???
People we have to get on the horn and contact our representatives and make sure they know that messing with the Mortgage interest deduction is un acceptable!
Contact your rep this week!!!