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Updated almost 14 years ago,
Should Govt Continue to Subsidize Housing?
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