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Re:Renting is Throwing Money Away, Right? (2015) by dingaling on Monday April 23, 2018 @04:11AM (#16901454)
That's a uniquely American benefit. Most Western mortgage-payers have to pay out of post-tax income.
Re:Renting is Throwing Money Away, Right? (2015) by scarface74 on Monday April 23, 2018 @06:07AM (#16902016)
As well as most Americans. You can either take the standard deduction of $24,000 as a couple or itemize. Most Americans don't buy homes where the interest is high enough to be over the standard deduction.
Re:Renting is Throwing Money Away, Right? (2015) by jalk on Monday April 23, 2018 @04:18AM (#16901495)
Mortgage interest is tax deductible in the Scandinavian countries and in the Netherlands IFAIK
Re:Renting is Throwing Money Away, Right? (2015) by emodendroket on Monday April 23, 2018 @12:31PM (#16904924)
From the article:

> As with all articles on Afford Anything, these high-level concepts can be applied anywhere. But specifics about laws, taxes, inflation, etc., are geared at a United States audience.

So I think it's fair to go ahead and mention US-specific counters to the arguments without specifying.

Re:Renting is Throwing Money Away, Right? (2015) by Freak_NL on Monday April 23, 2018 @04:19AM (#16901498)
We have it in the Netherlands as well, although it is gradually being phased out.