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Updated almost 14 years ago,

User Stats

660
Posts
244
Votes
Ted Harris
  • Real Estate Investor
  • Portland, OR
244
Votes |
660
Posts

Should Govt Continue to Subsidize Housing?

Ted Harris
  • Real Estate Investor
  • Portland, OR
Posted

Robert Shiller raised this question over the weekend in a NY Times article ... he delves into a bit of history of why govt has subsidized housing and his theory why we continue to do so. I tend to agree it's less of an economic decision but a feeling that home-ownership fosters healthy communities. Obviously, this backfired during the housing bubble ...

http://www.nytimes.com/2010/03/07/business/07view.html?bl

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