Real Estate

Carrington’s Sharga: Interest deduction likely to be far more limited

Carrington EVP Rick Sharga thinks that the mortgage interest deduction — or, at least, some part of it — will be sacrificed at the altar of the fiscal cliff. It’s going to be a burden to middle- and upper-class households, Sharga says, that will only serve to hurt the real estate market.

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3d rendering of a row of luxury townhouses along a street

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