Tax, legislative, and regulatory policies currently under consideration threatens to scale back or eliminate the mortgage interest deduction and make mortgages, as well as small business loans, unaffordable, and even more difficult to obtain. This would greatly harm home owners, home buyers, the housing market and the nation’s economy, according to the National Association of Home Builders (NAHB). To explain some of these threats and documents homeownership’s importance to individual households and to local, state and national economies, NAHB is doing it through an FAQ, poll data, economic analysis and reports on its recently launched website, ProtectHomesownership.com.
The site also provides various ways for the public to take positive action to protect this very important aspect of American life. These include an online petition urging policymakers to keep housing a national priority, information about how to participate in homeownership rallies that are being held in a number of communities in 2012, and links to social media communities on Facebook.com/ProtectHomeownership and Twitter.com/4Homeownership.