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Barry Glassman

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Forget Europe, this is the global economy’s elephant in the room

Anytime you have to redraw or resize a chart to accommodate one piece of data – a severe outlier, if you will – you have to talk about it. Or in this case: Point to the real elephant in the room.

Topic

Who loses if second home mortgages are no longer deductible?

The proposed elimination of the mortgage-interest tax deduction for second homes will smack a number of states. Here's a look at how each state will fare -- and the additional amount homeowners could pay Uncle Sam. | Extra The best-performing housing markets