Quote:
Originally posted by sebastian_dangerfield
I agree it should not fiddle with the markets, but if it must fiddle, the interest deduction is damn sensible fiddling. If there's one thing the past decade has shown us its that Americans don't know how to invest. At least real estate is a (in comparison to others) low volatility market. The last thing we need is people out there betting their savings on what they read in Derivatives for Dummies.
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Why? It is their money. If the real estate market bubble bursts (and ftr, I don't believe this is possible on a national scale) the pundits and liberals in congress will be saying the same thing about allowing people to bet their savings on real estate.
I am in consistent in one thing, let the market decide.
