According to a survey earlier this year, most American voters agree that the Federal government should continue to provide tax incentives to encourage home ownership. Support for the principle crossed all political party lines.
The National Association of Home Builders commissioned the survey of 1,500 likely voters in January. The vast majority of voters said they were against any efforts to reduce or eliminate mortgage interest deductions for primary and second homes, against limiting deductions for those with incomes of more than $250,000 per year as well as other talked-about actions.
About two-thirds of voters said the Federal government should encourage affordable long-term, fixed-rate mortgages; and a whopping 96 percent who own a home indicated they were happy with their decisions to own.
Read the NAHB’s press release on the survey by clicking here.