Home & Garden

Home & Garden

The Mortgage Professor: Adjusting the home mortgage to meet the retirement funds crisis: the role of deductibility

Most economists are negative or ambivalent about the provision in the U.S. tax code that allows homeowners to deduct mortgage interest from their taxable income. The major concern is that the provision is regressive. Up to some limit, the benefit increases with wealth. The wealthier the consumer, the more costly the homes they buy, the larger the mortgages they take, the higher the interest charge on the mortgage and the greater the deduction.

Home & Garden

Where black homeownership is the norm

Two decades ago, Frederick Veazey was drawn to this suburban idyll by the usual things: grass, peace and quiet, good schools. But in choosing where to raise his sons and daughter, the successful insurance broker also wanted something else.

Home & Garden

Style at Home: A colorful story: Welcome to Leslie’s house

The minute you meet Leslie, your heart is happy. She is one of those people who radiates sunshine. So when I found out Anne, one of our designers, was going to be working with Leslie to help her bring all that light and love to her interior design, I couldn't wait to see what this talented team would come up with.

These Kentucky students want to sell you these trendy, clever tiny houses they made

Eastern Kentucky students designed and created tiny houses they are selling via auction. The experiences give them real-world skills and they can capitalize on a movement to go smaller in living space.