There are two good ideas that have been circulating recently that would help keep the housing market from experiencing another dangerous bubble: End (or greatly scale back) the mortgage interest tax deduction. Require at least a 20% down payment for purchases. Here’s a recent article that covers the arguments in favor of ending the deduction:…
Tag: down payment
Poll: How much would you put down if you bought a home today?
This poll was active 03.13.2011 through 03.19.2011.
What the Heck is the Affordability Index, Anyway?
Seattle Times business reporter Eric Pryne quoted me yesterday in his article about the affordability index, and as I was reading through the comments posted at the Seattle Times website, I noticed an awful lot of misconceptions about what the affordability index is, and what it tells us. So, I thought maybe it would be…