Summary
The cliched linking of home ownership with The American Dream is probably beyond combating. Most of us have internalized it. The question of whether to pursue home ownership has been an official no- brainer for generations.
The desire to own a home has been so widespread that the politicians have long been eager to abet it. So the federal government offers a tax break on the mortgage interest you pay, one of the most expensive breaks in the tax code, in terms of how much it costs the government (and how much it raises the tax rates that apply to those without a mortgage).See the full content of this document
Extract
Rise in Rentals has Some Upsides
And the government put together those mysterious entities known as Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage ...
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