Friday, August 06, 2010

Megan McCardle: Housing Insanity

Housing Insanity - Business - The Atlantic: "If you want to know why us libertarian types are skeptical of the government's ability to prevent housing market bubbles, well, I give you Exhibit 9,824: the government's new $1000 down housing program.

No, really. The government has apparently decided, in its infinite wisdom, that what the American economy really needs is more homebuyers with no equity."


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