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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (367985)	1/23/2008 1:34:12 AM
From: tejek	Read Replies (1) \| Respond to of 1578206

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. Tim, stop. You don't know what you're talking about so your allusion to "quasi-subsidies" is meaningless. There is very little subsidized housing in the US.......its not the American way.