Mortgage Interest Deduction fuels fear - Realtors and Californian's sound off

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Realtor groups say in part "Based on preliminary information about the recommendations, the National Association of Realtors contends the action would drive down home values nationwide by 15 percent, devastate the housing market and harm the economy. "

Read more from RIS Media:

REALTOR GROUPS STRONGLY OPPOSE BUSH TAX PANEL'S PROPOSAL Fears about Mortgage Interest Deduction on Federal Tax Returns Flare

http://www.rismedia.com/index.php/article/articleview/12374/1/1/

TAX PROPOSAL DRAWS STRONG REACTIONS IN CALIFORNIA Response ranges from outrage to applause from housing industry analysts

http://www.rismedia.com/index.php/article/articleview/12373/1/1/

Catherine Myers, Realtor

Walnut Creek, Contra Costa County

www.DiabloValley.net