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| Topic | Great article on housing policy and affordability |
| Balrog0 05/23/17 5:07:05 PM #1: | https://www.strongtowns.org/journal/2017/5/22/why-america-cant-make-up-its-mind-about-housing Here are two ideas that, if you’re like most Americans, you probably agree with: 1. Government policy should help keep housing broadly affordable, so as not to price out people of low or moderate incomes from entire neighborhoods, cities, or even metropolitan areas. 2. Government policy should protect residential neighborhoods from things that might negatively impact housing values, because homes are an important investment and wealth-building tool. Having read them together like that, you’ve probably already jumped ahead to the big reveal, which is that these two ideas are almost entirely mutually exclusive. The first essentially says, “Use housing policy to keep home prices down”; the second says, “Use housing policy to keep home prices up.” I haven't heard it said so succinctly before --- He would make his mark, if not on this tree, then on that wall; if not with teeth and claws, then with penknife and razor. ... Copied to Clipboard! |
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