Spring storm brings rain and wind Tuesday into Wednesday

MPR News is your trusted resource for the news you need. With your support, MPR News brings accessible, courageous journalism and authentic conversation to everyone - free of paywalls and barriers. Your gift makes a difference.

Create a More Connected Minnesota

Home ownership has long been considered a part of the American Dream. In the 20th century, the mortgage interest deduction (MID) has incentivized that piece of the dream. But as part of the Republican tax overhaul, the MID is on the chopping block. 

Tax law scholar and assistant professor at the Law School at the University of Chicago, 

, joined Kerri Miller to break down the good and the bad of the MID, and what Americans can expect to happen to the real estate market without it.

To listen to their conversation, click the audio player above.

Kerri Miller

Author

MPR News Kerri Miller examined the mortgage interest deduction (MID), and how the latest Republican tax bill could put the dream of buying a home on hold.

Home ownership has long been considered a part of the American Dream. In the 20th century, the mortgage interest deduction (MID) has incentivized that piece of the dream. But as part of the Republican tax overhaul, the MID is on the chopping block. Tax law Daniel Hemel helped break down the good and the bad of the MID and what Americans can expect to happen to the real estate market without it.

The good and bad in the mortgage interest tax deduction

Share

Create a More Connected Minnesota