Why Homeownership Should Continue to Be Incentivized by Our Federal Tax System

Read the original resource prepared by Rosen Consulting Group here.

“Every American should have the opportunity for prosperity and
financial security, and for many Americans, homeownership is
the best way to achieve these goals. Sustainable and affordable
homeownership improves long-term net worth and financial security through accumulated savings, appreciation in the value of the
home, and predictable monthly housing expenses. In the wake of the
Great Recession, however, the homeownership rate in the U.S. fell
precipitously, wiping out the gains achieved during the prior three
decades and undermining progress toward the American Dream for
millions of households nationwide, most notably middle-income,
minority and millennial households.”