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Metropolitan DC Local Politics
Reply to "Several Affordable Housing Developers Are on the Verge of Collapse"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Let them go bankrupt and just demolish the buildings once they get repossessed for unpaid property taxes. Provide dispossessed people with one way bus tickets to very liberal jurisdictions like NYC that believe housing is a "human right". [/quote] You don't believe housing is a human right? Interesting.[/quote] No, I don’t. This whole logic of everything being a human right is a slippery slope. If everything must be free because it is a human right, It creates very bad incentives that make markets fail. The government has to pay for these “free things” if they are considered human rights which usually causes the quality things to decline and the cost to increase. Individual consumers are more responsive to price and quality than the government. Making things humans right and having the government pay for them typically results in a less efficient use of resources. [/quote] big brain over here no, make markets fail again[/quote]
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