CDA wants to get rid of mortgage interest deduction: this would be the consequences

The term mortgage interest deduction often pops up now that more political parties are presenting their election programs. Reduce, abolish or retain: those are the options. The CDA is clear: the party is in 2025 to reduce the interest benefit for homeowners. But how exactly does the mortgage interest deduction work and what are the consequences for homeowners if it is abolished?

ttn-43