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President Obama!
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<blockquote data-quote="klein" data-source="post: 995650" data-attributes="member: 23950"><p>I think the US is 1 of very, very few countries that have a mortgage interest deduction.</p><p>Germany got rid of that in 1992, Canada never had one.</p><p>But, then again, we don't need to pay any sort of capital gain taxes when we sell our homes or even an inheritance tax. Because government never helped us with buying it or mortgaging it.</p><p></p><p>We also need 20% down now, and the maximum years of a long-term mortgage is 25 years, making monthly payments rather high.</p></blockquote><p></p>
[QUOTE="klein, post: 995650, member: 23950"] I think the US is 1 of very, very few countries that have a mortgage interest deduction. Germany got rid of that in 1992, Canada never had one. But, then again, we don't need to pay any sort of capital gain taxes when we sell our homes or even an inheritance tax. Because government never helped us with buying it or mortgaging it. We also need 20% down now, and the maximum years of a long-term mortgage is 25 years, making monthly payments rather high. [/QUOTE]
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