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The Wall Street Journal: Fiscal-Cliff Fix May Cap Mortgage Deducation

By Alan Zibel. Could the talks to avoid the "fiscal cliff" place the popular mortgage-interest deduction in the cross hairs?

November 19, 2012

Capping all deductions at around $35,000 would likely have some impact on home prices in higher-end neighborhoods, many analysts say. But, "in most of the country, it will have very little impact" on the housing market, said Richard Green, director of the University of Southern California's Lusk Center for Real Estate.

For the full article, see the link below:

Link: The Wall Street Journal