Democrats proposed subsidies do not make the rent any less high

Democratic Senators and Presidential candidates Kamala Harris and Cory Booker have both recently proposed legislation to address the issue of rising housing costs. Senator Harris’ bill ‘The Rent Relief Act’ and Senator Booker’s bill ‘Housing, Opportunity, Mobility, and Equity Act’ both focus on assisting people who pay more than 30% of their gross income on rent or, in the case of Senator Harris’s bill, rent and utilities. Continue Reading…
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Read more at The Acton Institute

Democrats proposed subsidies do not make the rent any less high

Democratic Senators and Presidential candidates Kamala Harris and Cory Booker have both recently proposed legislation to address the issue of rising housing costs. Senator Harris’ bill ‘The Rent Relief Act’ and Senator Booker’s bill ‘Housing, Opportunity, Mobility, and Equity Act’ both focus on assisting people who pay more than 30% of their gross income on rent or, in the case of Senator Harris’s bill, rent and utilities. Continue Reading…
Related posts:
Democrats support Green New Deal while Thomas Piketty finds it problematic
Crushing the poor: agricultural tariffs and subsidies
Subsidies or tax breaks, both are cronyism

Read more at The Acton Institute