I did the math on rent vs. buy in the city of Washington DC and it was basically the same cost, so I went with renting for the ease and increased flexibility. S

I did the math on rent vs. buy in the city of Washington DC and it was basically the same cost, so I went with renting for the ease and increased flexibility. Seems like the article is suggesting a mechanism for forced savings (i.e. part of the rent check is invested in the public housing corporation instead of in whatever the tenant wants). Seems like a bad deal for a savvy investor, but might encourage some people to save. God help the renters if the public housing corporation loses money or goes out of business though. I saw an article recently on HN about how Vienna handles rent control and public housing [0]. Seemed like a better approach--just have the city government work to make sure that rents are affordable. [0] https://thetyee.ca/Solutions/2018/06/06/Vienna-Housing-Affordability-Case-Cracked/ https://thetyee.ca/Solutions/2018/06/06/Vienna-Housing-Affor...