We would have been much better off if politicians left housing alone and just cut checks to the people they are buying off with all the interventions into the housing market.
Of course that would run into the problem that people love to push for giveaways from the government but want it to be slightly obfuscated so they can tell themselves stories about how they never got anything from anyone. Witness the uproar over "you didn't build that."
Rent seeking is a fact of life, I can accept it. But the hypocrisy and self righteousness of some rent seekers just drives me bananas.
Of course that would run into the problem that people love to push for giveaways from the government but want it to be slightly obfuscated so they can tell themselves stories about how they never got anything from anyone. Witness the uproar over "you didn't build that."
Rent seeking is a fact of life, I can accept it. But the hypocrisy and self righteousness of some rent seekers just drives me bananas.