Public housing is way cheaper than rental subsidies
www.fresheconomicthinking.com
First published here on 3 Nov 2021. Discussions about the best way to provide below-market-priced housing regularly pop up on Twitter. Peter Tulip has noted many of the limitations of such systems—queuing, quotas, qualifying criteria, etc—concluding that a cash payment to residents to help pay market rents is the most cost-effective way for governments to get the policy outcome of reducing housing costs to low-income households.
Public housing is way cheaper than rental subsidies
Public housing is way cheaper than rental…
Public housing is way cheaper than rental subsidies
First published here on 3 Nov 2021. Discussions about the best way to provide below-market-priced housing regularly pop up on Twitter. Peter Tulip has noted many of the limitations of such systems—queuing, quotas, qualifying criteria, etc—concluding that a cash payment to residents to help pay market rents is the most cost-effective way for governments to get the policy outcome of reducing housing costs to low-income households.