Putting out fire with gasoline

…or why assistance to home buyers (first or otherwise) is a bad idea. In a very civil facebook debate (they are rare, but possible) about housing affordability discussion turned to incentives for new home owners. “Surely this is the scalpel-like policy that we need?”, said my interlocutor. I argued this was a really dumb policy. The idea crops up so … Continue reading Putting out fire with gasoline