homeownership rates – Bedrosian Center

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Gary Cohn: ‘People don’t buy homes because of the mortgage deduction’ — or do they?

USA Today quoted Richard Green, director of the USC Lusk Center, on how the federal mortgage interest reduction affects homeownership rates. Green notes that the deduction is most important to those living in states like California, which has both high tax rates and high home prices. Home prices there, he said, could Read more…

By Anne Johnson, 6 yearsSeptember 29, 2017 ago