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> federally subsidized home ownership. More like federally subsidized mortgage lending. It's like health insurance or any other market with a locked-in consume
by WalterSear 11y 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.