Looking for Affordable Housing? UI Says Look to Homeownership
Posted To: MND NewsWireA recent policy brief from the Urban Institute (UI) suggests a radical but common-sense solution for achieving affordable housing – homeownership. UI analyst Mike Loftin says there is no shortage of other policy proposals to address the housing problem – more federal investment in building public housing, subsidies to builders of affordable apartments, dramatic increases in rent vouchers – but owning one’s own home, he says, is frequently more affordable than renting. There is a widespread idea that homeownership is for people who achieve some arbitrary level of financial success and not “appropriate” for people who are still on their path to financial security which may explain why government efforts toward affordable housing narrowly focus on the rental market. Rental housing is important…(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
McDevitt Law Group strives to provide the highest quality real estate law and estate planning services, and we have for almost 40 years. As a small law firm, we pride ourselves on providing personal attention to your case and providing the highest quality representation. Call us today, or use the contact form below.
Barnstable County | Bristol County | Duke County | Essex County | Middlesex County | Nantucket County | Norfolk County | Plymouth County | Suffolk County
Just click on the Phone Number to dial on your phone: