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by edwr 813 days ago
Tax credit for mortgage interest encourages speculative investment in the housing market. Tax credit for credit card debt encourages consumer economic activity.
1 comments

you have to live somewhere.

maybe you rent, but renters DGAF about the local community the way that homeowners do.

home (property) taxes also fund a lot local services, schools, etc. you want prices higher and stable, and not dominated too heavily by mega-corps that will weasel out of paying said taxes.

I've rented in my town for ten years, and I care about it a lot thank you very much.

Renters absolutely care about the local community.