AntiRust: Housing Subsidies: But How Will the Fat Cats Survive?

City life...

Great blog talk at Anti Rust. I am NOT in favor of subsidized housing in Downtown. I am in favor of housing, but it needs to be build if there is a demand for it to be built. The subsidization is one sure method of stopping its supply. Downtown housing won't occur in Pittsburgh once it is subsidized. The subsidization is a poison for the marketplace.

AntiRust: Housing Subsidies: But How Will the Fat Cats Survive? Housing Subsidies: But How Will the Fat Cats Survive?

And this post too.... with a classic line in the threaded comments:

AntiRust: Demand for Downtown Housing Explodes: No Word on Fate of Unnecessary Subsidies: 'Pittsburgh is kind of like NY, run by Homer Simpson.'