TFA> Taxpayer subsidies for homeowners, through the mortgage interest deduction and other means, long have dwarfed the public funding available for low-income housing development.

Those same subsidies apply to rental properties as well (now, with fewer caps as a result of recent limits to owner-occupied). Mortgage interest deduction for owner-occupied property serves to put owner-occupant usage (generally considered “good” for a neighborhood) on equal footing with commercial renting of property.