October 12, 2012
"For fiscal sustainability, we need to get revenue," said Richard Green, director of the USC Lusk Center for Real Estate. The alternative to shrinking the tax break is raising taxes, he said at a forum on California's housing market sponsored by the Lusk Center and the online real estate service Zillow.
"My judgment is it's better to do something about tax expenditures," Green said. "One of the largest is the home mortgage interest deduction."
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