"With interest rates as low as they are, and house prices down, investors are buying homes like candy, as are people who have money and credit. "
It's a great time to buy a house if you can afford it. Or in the case of investors, more than one. "The sub-prime market may be dead, but it should never have existed in the first place." I think we can all agree on that. Now, if we could only all agree on who to blame. "Losing the deduction would hurt the middle class more than the rich, as the rich will always find a way to shelter." As the tax structure stands, yes. The deduction has become built into the American lifestyle. Losing it would certainly hurt my family. J - The state is that great fiction by which everyone tries to live at the expense of everyone else. - Frédéric Bastiat ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:328067 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
