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.
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.
Those affected by the devastating Northern California wildfires can get a helping hand from local and national banks. Two massive fires, some 200 miles apart, have left hundreds of people without homes and many more residences in danger.
Sleek new condos rise up amid the graffiti-covered warehouses, artist's studios and homeless encampments of West Oakland. Construction cranes dot the downtown skyline, and scaffolding-shrouded towers march down Broadway into Temescal.
Q: I live in a townhome in a homeowners association where there are four units attached on each parcel by an archway. I have bees in the wall of the archway that need to be removed. My neighbor says that the association is responsible because the problem is not within the four walls of our units. The association says it is my responsibility. Who is correct? – Joel
A number of popular breakfast foods, including cereals, granola bars and instant oats, were tested and found to contain potentially dangerous amounts of cancer-linked glyphosate, the main ingredient in weed killer.