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Again, not seeing why it shouldn’t.
by Nursie 5y ago
Again, not seeing why it shouldn’t.
- nybble41 5y agoBy subsidizing home ownership the government is encouraging people to go into debt and funnel whatever savings they manage to scrape together after paying interest into a single depreciating asset rather than a safer, more diversified portfolio. The policy is beneficial to moneylenders and people selling houses, but these things hardly need to be subsidized. Bob and Charlie are the responsible ones.