Nobody wants to talk about the mortgage interest deduction - even though it is enormously expensive and regressive.
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Prop 13, rent control, and transfer taxes all force young people to delay transition from renting to owning.
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Meanwhile Prop 13 and the mortgage interest credit encourage people with houses to stay in them. It is all one big wedge.
End of conversation
New conversation -
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Sigh it's all a depressing shit-show
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