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John E on January 18, 2017 at 2:47 pm
One concern is that traditional real estate and the related mortgaging banking sector are obviously heavily invested in the model of home ownership.  There are many policy reasons to favor renting as a better model for increasing affordable and workforce housing.  In short it is somewhat easier to develop and bring to market, and it provides greater flexibility for individuals and households who aren't committed to live in a certain place for an extended period of time.  There are also good policy reasons for favoring homeownership among moderate income people.  If they are ready to settle down, homeownership gives them a greater stake in their community and the potential to build up equity as a form of savings. I just think you have to safeguard that things don't get skewed too heavily in favor of homeownership.  Look who got burned the worst in the real estate crash.

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