In the News
San Jose Mercury News: Tax deduction for mortgage interest could be targeted
By Pete Carey. The mortgage interest tax deduction beloved by many Americans is a logical target for raising revenue to deal with growing deficits, a leading housing economist said Friday.
October 12, 2012
"For fiscal sustainability, we need to get revenue," said Richard Green, director of the USC Lusk Center for Real Estate. The alternative to shrinking the tax break is raising taxes, he said at a forum on California's housing market sponsored by the Lusk Center and the online real estate service Zillow.
Link: San Jose Mercury News