How Homeownership Became the Engine of American Inequality

I think it makes sense to abolish programs like the MID or first home buyer assistance that largely just increase home prices.

But it would certainly suck to take out a loan on a home now and be told next year that not only is the MID gone, but your home is less valuable now and you effectively just surrendered a chunk of your deposit.

Maybe phasing it out over by 10% a year over a decade would be realistic, but would still run into the realtor lobby.

If you lump it in with the standard deduction its not so regressive.