The Case Against Subsidizing Housing Debt

Published: 29/05/2017
The Case Against Subsidizing Housing Debt
Source: WWW.PROJECT-SYNDICATE.ORG

Advocates of an “ownership society” argue that homeowners take better care of their properties than renters, with positive externalities for communities. But there is also an argument against public policies that encourage home ownership, not least that it leaves households with too much debt and too little savings.

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