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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Elroy Jetson who wrote (56040)6/13/2006 10:32:20 PM
From: ChanceIsRead Replies (4) of 306849
 
>>>People won't part with their welfare willingly.<<<

Is it really welfare??? If mortgage interest weren't deductible, wouldn't house prices be lower??

I think that the mortgage interest deduction is there to benefit the lenders, and to passify the borrowers into thinking that they are getting something for nothing.
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