It has a crowd
There's always something happening
And it's usually quite loud
--Madness
As Ryan McMaken and Tom Woods observe, the most straightforward way to make housing more affordable is to build more of it (ECON 101). Instead, policymakers want to subsidize housing.
Housing subsidies discourage supply and increase demand. Consequently, prices will ____. (Put on your ECON 101 hats)One way to get more affordable housing is by building more housing. But most policymakers seem more interested in schemes for subsidizing housing instead. https://t.co/2tYoTW0l4u— Ryan McMaken (@ryanmcmaken) February 5, 2019
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