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Comment by aplomb

One angle to make housing affordable is to outlaw mortgage products beyond 15 years (along with ARMs), require 20% down, and eliminate the tax deduction on interest - of course you can't do this overnight.

Housing is a basic necessity and we need to get the rampant speculation and financialization out - we're all stuck in this game of musical houses waiting for the music to stop.

parent aplomb 9 years ago

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