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**wJswn5l3** · 08-03-2011, 11:01 PM

Those quotes are interesting so I'm off to read the whole thing (and hope it explains how loans worked in the 1920s if you had to continuously refinance).

As a preliminary view on this I think the answer minimally is: any government backed loan needs 20% down; end the mortgage interest deduction to stop disadvantaging renters.

08-03-2011, 11:01 PM	#2
wJswn5l3 Join Date Oct 2005 Posts 396 Senior Member	Those quotes are interesting so I'm off to read the whole thing (and hope it explains how loans worked in the 1920s if you had to continuously refinance). As a preliminary view on this I think the answer minimally is: any government backed loan needs 20% down; end the mortgage interest deduction to stop disadvantaging renters.
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