Skip to main content

Rich, Poor, and in Between: Who Benefits from the Mortgage Interest Deduction?

John C. Weicher

The equity that owners have in their homes is an important share of the net worth of American families. For most of the last 25 years, homeowners’ equity has constituted about a quarter of total household wealth,about as much as their ownership of stocks (including the amounts in retirement accounts and mutual funds), and more than the value of unincorporated businesses and commercial and rental real estate combined.

View PDF

Related Articles

The Urge to Merge Reemerges

Irwin M. Stelzer

Animal spirits rampant on a field of cheap money. For some analysts, that describes the red-hot deal-making that is going on here....

Continue Reading

US Firms Should Pay Tax Where They Do Business

Irwin M. Stelzer

It is about time American companies recognized that they have to pay taxes where they do business....

Watch Now