Quote from Tsing Tao:
maybe while I call my econ teacher, you can call your english teacher and learn reading comprehension. cut-and-paste, you're good at, though.
it is a "housing subsidy" because it subsidizes HOUSING by making the housing market bigger than it possibly could be. ie, if you removed the deduction, the housing market would crumble. that is what "subsidize" means in that sentence.
YOU, by paying cash, do not pay a single red cent more because someone takes out a loan to buy their house.
how thick can one person be?
if you still maintain the positively preposterous idea that you pay more as a cash buyer of a home because of those who take out mortgages, please walk me through the calculation of how this effects your tax rate. actual percentages and numbers please.
i mean, if you're being charged more, you should be able to show us how much, right?