This is my commentary on other people's stuff -- particularly blogs of people I know. Every post title should be a link to the blog I'm commenting about.

Friday, February 22, 2008

more mortgage deduction

(shoulda been clipped in previous)
clipped from www.theatlantic.com
What it does promote, studies show, is spending on housing—that is, people who would have been owners anyway pay more for their houses. Prices are higher than they would otherwise have been, and mortgages are bigger. As many owners have learned abruptly, this can worsen economic insecurity.
 blog it

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