“Garvey’s World Homes was eventually driven out of the countries in which it operated by rising anti-Americanism, and the realization by politicians that their purposes would be better served if they were seen as the source of housing for the poor—not some greedy apitalist developer. Similarly, politicians promoting ‘affordable housing’ mandates today disregard the actual record of such legislation and tout themselves as saviors for housing shortages increasingly of their own creation. The simplest way to improve access to affordable housing is to let builders add to the supply of housing, regardless of the price they hope to charge.”
http://www.independent.org/newsroom/article.asp?id=4768
(Visited 22 times, 1 visits today)
Related posts:
How to Spot a Market Top
Jacob Hornberger: Shut Down the Nonessential Drug War
Obamacare will hurt young people most
Andrew Bacevich: How We Got Here
Getting the Best Rates on Currency Conversions
The Future of Countries
The Ultimate Privacy Protection: Foreign Real Estate
Ben Bernanke – Revisiting The Helicopter Speech
The Decline of Political Protest
Nigeria’s Moment
David Galland: The Other Side of the Wall
How crossing the US-Mexico border became a crime [2017]
"Gun Violence": The "National Conversation" We Won't Have
Bill Bonner: Can This Simple Trading System “Beat the Market”?
Bifurcation Nation