The 2017 tax reform, by curtailing the deductions for mortgage interest and state and local taxes, frustrates the American public policy of encouraging homeownership. Yet, there are many reasons that public policy has encouraged homeownership for decades. Most importantly, homeownership is an important savings tool for Americans—and tax reform should be mindful of it.
Tax Reform on Homeownership,
73 U. MIA L. Rev.
Available at: https://repository.law.miami.edu/umlr/vol73/iss1/6