Recourse Bob

Forget the Moral Outrage: Just Restore the Mortgage Markets

Alan's comment: They also don't seem to mind that they are allowed to deduct mortgage interest (subsidized by renters) or to exempt capital gains from their taxable income when they sell their homes.

When you say "subsidized by renters," let us not forget that landlords who own rental property deduct mortgage interest, as well. And that deduction potentially benefits renters. So I don't see where renters are subsidizing homeowners.