Housing tax incentives mostly benefit younger households, according to research from the National Association of Home Builders.

The average mortgage interest deduction peaks for taxpayers in the 35 to under-45 age group, followed by the 18 to 34 aged taxpayers, and declines as the taxpayer gets older, according to the research.

“Any tampering with this deduction would have a disproportionate impact, as a share of household income, on younger home owners who have relatively higher mortgage interest payments,” said Robert Dietz, assistant vice president for Tax and Policy Issues for NAHB.

Source: The National Association of Home Builders (09/28/2010)