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The USG massively subsidizes home ownership. The burden is passed down to taxpayers, but also may cause a drag on the global economy due to lopsided interest ra

by tel 4y ago

The USG massively subsidizes home ownership. The burden is passed down to taxpayers, but also may cause a drag on the global economy due to lopsided interest rate hedging.

lupire 4y ago
USG massively subsidizes home debtorship, driving prices up to benefit legacy landowners. It's not at all clear whether the policy actually helps ownership.
- tel 4y ago
  That's correct, and a fair refinement.