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Quote by Amit Kalantri

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Amit Kalantri

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“Focusing only on the short term puts us in a position to make bad choices. We ignore all other factors that lead to the overall value of the loan in order to achieve that one singular goal now—whether the goal is a lower payment, a lower interest rate, or a dream home. In the long term, this always proves to be costly.”

“The group [the National Association of Real Estate Boards, now the National Association of Realtors] first tired to make landlords' rents exempt from taxes. When this effort was unsuccessful, NAREB campaigned to make home mortgage interest deductible from income tax and succeeded in the 1920s in winning this subsidy for their growing industry.”