Battle Over Mortgage Interest Deduction Continues in House Committee

``Toder said his biggest concern is how paring back the MID is how it might affect housing prices.   Some past research has found eliminating housing tax incentives has substantial effects on prices but others have found confounding factors mitigating the effect such as low interest rates or active investor presence.  "All that said, however it would be prudent to introduce changes slowly to avoid a major market disruptions."''