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

Hudson Institute Releases Study on the Worth of the Internet to the U.S. Economy

On September 8 at 12pm, Hudson Institute's Center for the Economics of the Internet will host a seminar launching a new report on the economic growth ...

Continue Reading

Cronyism, and the Ex-Im Bank

Irwin M. Stelzer

Free trade is a huge benefit if you are a Walmart shopper. All those microwave ovens, lamps, sneakers, and other stuff available for a relative pittan...

Continue Reading

A Reality Check Will Ground China's Sky-high Ambitions

John Lee

In 2008, the government set up the Commercial Aircraft Corporation of China to try to break into the commercial airplane market dominated by America...

Continue Reading