Mortgage Interest Deduction Policy

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Answer this question in about five to seven paragraph (roughly two pages): Please write the essay mainly using the reading material I provided.

Glaeser and Gyourko say that the mortgage interest deduction does not make good policy. Why, according to them, is this the case?

Reading material is provided below.

Edward Glaeser and Joseph Gyourko,Rethinking Federal Housing Policy: How to Make Housing Plentiful andAffordable, AEIPress (December 16, 2008) ISBN-13: 978-0844742731 (PDF:https://www.aei.org/wp-content/uploads/2014/03/-re…)