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I don't agree. We're in a supply crunch right now, more houses == lower prices, and low income folks can always get government subsidized housing (or should de
by candiddevmike 5y ago
I don't agree. We're in a supply crunch right now, more houses == lower prices, and low income folks can always get government subsidized housing (or should demand more of it if none is available).
- cperciva 5y agoThere's a supply crunch, sure. And if you reallocate from rental to owner-occupied, you reduce the crunch somewhat on that side... but you make the supply crunch even worse for renters. It's a popular policy decision for many politicians, since owners vote at much higher rates than renters; but I wouldn't call it good policy.