Nov 12, 2011

The federal government should not spend money to fix housing

Reasons to agree:
  1. The government should not try to fix prices. The government should not try to say people's houses are not expensive enough. The government should allow those who want to buy a house to determine its value. The government can try to spur innovation through smart growth, but it can't buy all the foreclosed homes.

  2. The government created a housing bubble when it made laws that forced banks to lend money to people who couldn't afford it. 

  3. Some efforts by states may be justifiable in promoting affordable housing, but the Federal government is best at trying to promote affordable housing. 

  4. Government should try to promote affordable housing, not try to raise.

  5. State Governments can take targeted actions to offset infrastructure and education expenses, but should avoid clumsy, nationwide, and expensive approaches.

  6. The state government should free up unused public property at times to make housing properties available, thereby supporting affordable housing. Still, the Government shouldn't try to make homes more expensive just to prevent people from losing money, because after the government spends the money, the home will eventually reach its market value, regardless of how much money the government spends. 

  7. If sprawl causes the government to spend more money per person, the Government can use the estimated money it would save by stopping sprawl to promote smart growth. 

  8. State governments could use the money they currently allocate for the homeless to develop long-term housing solutions. Some local governments put homeless people in hotels. If state governments want to be nice, they should also be smart. Perhaps the government could build a home for the same price they spend putting homeless people in hotels. 

  9. One of the few things state governments can do to promote affordable housing is to make it easier to build houses in areas where affordable housing is scarce. 

  10. States that have no affordable housing can promote mixed-income housing, so low-income individuals don't have to drive hours to access jobs in affluent areas. 
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# of reasons to agree: 1
# of reasons to disagree: -0
# of reasons to agree with reasons to agree: 0
# of reasons to agree with reasons to disagree: -0

Total Idea Score: 1

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