[quote=jstoesz]No one argues that the housing mortgage deduction is not simulative of housing prices…obviously it is. Is it stimulative for the economy in general? Seems to me, the answer is no. It incentivizes people to put their savings in non productive assets. If houses were cheaper and the market not artificially skewed towards housing, that money could be put to much better uses. The same thing goes for you alls argument on business investment deductions.[/quote]
jstoesz, which better uses than investment RE would you suggest for one’s money they have currently set aside for investment purposes?
