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 Look Ahead Series

Hudson Institute

The past year brought an array of challenges on domestic and global fronts: a once-in-a-century disruption caused by the coronavirus pandemic and subs...

Continue Reading

The US-China Economic Competition: Economic Distancing, But on Whose Terms?

John Lee

In July 2020, Chinese chairman Xi Jinping articulated a new “dual circulation” strategy to “unleash the full potential of [Chi...

Continue Reading

The Supply Chain Tug-of-War

Thomas J. Duesterberg

In a podcast interview on POLITICO Global Translations, Tom Duesterberg discusses global supply chain resiliency. ...

Listen Now