Home › Forums › Financial Markets/Economics › Proposed Mortgage Interest Deduction Phase Out? › Do you think this will have a
Do you think this will have a reverse effect of the capital gains tax break that Clinton enacted?
I remember many people investing in real estate after that was passed.
People still advocate to buy real estate for the tax write-off.
So now if the mortgage interest deduction is reduced, that certainly will be one more factor diminishing the incentive to buy.