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I'm surprised you didn't mention the mortgage interest tax deduction as a contributor to sprawl. I.e. federally subsidized home ownership. Talk about reasons to

by ngould 10y ago

I'm surprised you didn't mention the mortgage interest tax deduction as a contributor to sprawl. I.e. federally subsidized home ownership. Talk about reasons to ditch your downtown rental and borrow against a grassy slice of suburban land. http://freakonomics.com/2012/06/29/homeownership-and-suburban-sprawl/ http://freakonomics.com/2012/06/29/homeownership-and-suburba...

WalterSear 10y ago
> federally subsidized home ownership. More like federally subsidized mortgage lending. It's like health insurance or any other market with a locked-in consumer base: putting more money the demand side en masse doesn't improve supply, it just increases the prices.