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> In the US there are numerous incentives for buying a home.

The big one being taxpayer funded 30 year fixed rate mortgages, and subsidizing the existence of 0% and 5% downpayment mortgages.

>Your interest on your mortgage is tax free,

Literally 90% of US tax filers do not benefit from this, since it requires itemizing.

>the government offers cash back, etc.

I have not heard of this.

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If you rent out the property the interest is a tax deduction as a business expense. The taxes and insurance are also a tax deduction. You can still take the standard deduction at the personal level.

There are a variety of state, local and sometimes federal tax credits or down payment assistance for new home buyers.

Could you expand on your idea of how taxpayers are subsidizing mortgage rates and downpayments?

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