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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (364696)1/22/2008 9:30:03 PM
From: TimF  Read Replies (1) of 1576896
 
The Dep't of Housing and Urban Development may be "riddled with subsidies" but the general housing market is not.

Well technically the tax deduction for mortgage interest isn't a subsidy, but it is government action that distorts the market in much the same way that a more direct subsidy would.

And the government has intervened in all sorts of other ways, many of which don't resemble subsidies, but subsidies, or "quasi-subsidies" aren't the only type of intervention that can cause problems.
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