To add on previous comment I was renting a room for only $ 350 a month
in San Diego (insane deal)
in a house and nice neighborhood from
Real Estate Agent that worked
in same office as I. Everyday he would tell me «you are
making so much
money you need an interest deduction,» «I can start showing you houses,» and so on - this went on for months on end
until I decided yes I needed to offset my income via the interest paid on a home loan.