Tag Archives | mortgage interest tax deduction

Who Gentrified This Minneapolis Starter Home?

In 2009, my wife and I were looking for a house. I had just finished law school. I had temporary work as a law clerk and wasn’t sure where (or if?) I’d find a permanent job—the legal job market had cratered along with the rest of the economy. So we looked for a place near […]

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Chart of the Day: Mortgage Interest Tax Subsidy Recipients

This chart is but a mere Tweet from a DC policy pro named Diane Yentel, about where the Mortgage Interest Tax Deduction (a huge federal subsidy intended to boost home ownership) ends up. Here ’tis: She writes: About a quarter of federal housing subsidies assist low income renters. The rest go mostly to wealthy homeowners. There’s […]

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