Wednesday, January 9, 2013

$450 Billion in Federal Subsidies Tilt U.S. Real Estate Market Toward Sprawl

Real estate in the United States, it turns out, isn’t really guided by “the invisible hand” of the free market.
Federal housing subsidies flow disproportionately to single family homes over multi-family -- distorting the housing market. Image: Smart Growth America
In truth, federal policy puts a finger on the scale in a major way. Even apart from [...]

Source: http://dc.streetsblog.org/2013/01/09/450-billion-in-federal-subsidies-tilt-u-s-real-estate-market-toward-sprawl/

Tony Bettenhausen Mike Beuttler Birabongse Bhanubandh

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