Big Changes to Big Things - Kill the Mortgage Interest Deduction

Interesting idea by Ed Gleaser, a Harvard economics professor, to align citizen incentives with overall country goals by killing the mortgage interest deduction & applying back as a general home-owner credit (and not providing incentive to maximize leverage and over-buy on housing).

Idea would presumably meet strong resistance, but could have a huge impact as long as the money was applied back to people (vs. just increasing tax revenues).

Full article linked here.