from The Wall Street Journal, The Housing Non Crisis The home ownership rate is a largely meaningless statistic that has more to do with politics than economics. For starters, it promotes the myth that owning a home is the key
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In the March 8th Newsweek columnist Fareed Zakaria proposes three solutions to the debt crisis in “Defusing the Debt Bomb.” His second proposal was to “end the massive , distorting subsidies for homeownership, healthcare, and agriculture.” I agree with him.
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