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busch_j 6 hours ago

Maybe I missed it in the article but it doesn't seem to mention that you deduct mortgage interest on your taxes in the US?

This isn't something you get renting and it effectively lowers your monthly payment.

profdevloper 6 hours ago | parent [-]

That's technically still true according to the tax laws here, but Trump raised the standard deduction during his first term in office so where I previously took an itemized deduction and claimed my mortgage interest from my taxable income, it's now more beneficial for my (basic) tax situation to claim the standard deduction. I appreciate the simplicity, but I'm no longer getting a tax benefit for home ownership.

chipper02 25 minutes ago | parent [-]

I pay less under "orange man bad" than I did under "Prof Autopen the funder of perpetual war."