Just How Regressive is America’s Federal Housing Policy?
(ed. note. Please welcome contributor Chris Bradford, author of the economics blog Austin Contrarian.) As this recent Congressional Budget Office (CBO) report reminds us, the answer is “very regressive.” Even in lean economic times, the average rent in San Francisco (above) is close to $2,000/mo. (Photo: BinBin.net) The disparity between the federal government’s support for … Continued
November 20, 2009