The Right Way to Encourage Home Ownership [View article]
Mark, "The Right Way to Encourage Home Ownership" is to forget about the gimmiks and platitudes and go back to the basics of "supply & demand". The average american cant afford to buy the average home! In the long run, the only useful thing to do is to have government do what they are supposed to do 1) control our borders to prevent illegal immigration (the largest cause of population increase) to stabalize populatoin and 2) find a way to coordinate the places where creation of jobs occurs with the availability of homes. Its simple, balance the supply of homes with the demand for them.
All you propose are simply a lame attempts at the "social engineering" that has been tried for 100 years without much success. At this point, we have too many people chasing too few homes. That is the issue. The solution is not tax credits and subsidies.
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Mark, "The Right Way to Encourage Home Ownership" is to forget about the gimmiks and platitudes and go back to the basics of "supply & demand". The average american cant afford to buy the average home! In the long run, the only useful thing to do is to have government do what they are supposed to do 1) control our borders to prevent illegal immigration (the largest cause of population increase) to stabalize populatoin and 2) find a way to coordinate the places where creation of jobs occurs with the availability of homes. Its simple, balance the supply of homes with the demand for them.
Oct 25 10:42 am
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All Comments by Drew Horn »The Right Way to Encourage Home Ownership [View article]
All you propose are simply a lame attempts at the "social engineering" that has been tried for 100 years without much success. At this point, we have too many people chasing too few homes. That is the issue. The solution is not tax credits and subsidies.