True.
I like the idea of just replacing it with a higher standard deduction.
Why should homeowners be given prefrential treatment over renters?
Homes take more space than apartments and thus cause greater urban sprawl. Urban sprawl causes traffic problems and make it difficult or impossible to survive without greater reliance on fossil fuels.
If you want the additional luxury of owning your own home, then you should pay the full market price for that luxury.
Either kill the morgage deduction or give a comprable rent deduction.
Best solution: kill the morgage deduction.