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

Cleaning Up the Financial World

Charles Davidson

Senator Carl Levin talks with Charles Davidson about his legacy and current trends....

Continue Reading

Why Trump And Ryan Are Ideal Political Partners

Jeffrey H. Anderson

A blend of Donald Trump and Paul Ryan’s views would pretty closely reflect those of the Republican rank-and-file....

Continue Reading

Bond Agencies Take Note

Walter Russell Mead

There is a big underlying difference between the financial health of cities that prioritize infrastructure and those that don't....

Continue Reading