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Old 04-14-2011, 10:48 AM   #27
JohnnyD
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Join Date: May 2008
Location: Mansfield, MA
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Quote:
Originally Posted by Saltys View Post
All I will say on this is if they do indeed remove the mortgage interest deduction like they're talking about that many people will be forced to sell their houses.
If the interest deduction is the only reason they were able to afford a house then, they never should have bought one in the first place.

No different than buying a two-family. If you can only afford the two-family as long as the other unit is rented out then, you can't afford the house. I have a few friends in this latter category that got close to serious trouble because of an vacant unit.
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