Yes, but in that case low interest rates are driving the decision to loan, not i... | Hacker News

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		spaceflunky on May 9, 2017 \| parent \| context \| favorite \| on: How Homeownership Became the Engine of American In... Yes, but in that case low interest rates are driving the decision to loan, not interest rate deduction as the NYTimes article posits.

humbleMouse on May 9, 2017 [–]

I disagree. In my example the rich person indeed has an economic incentive to get a mortgage based on the interest rate deduction tax break.

The low interest rates are also an incentive - but so is the tax deduction.

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