Last Friday, I appeared on Fox Business' Freedom Watch with Judge Andrew Napolitano to talk about the politics of home ownership and how it's distorted the economy to bad ends.
The short version: There's no way that the government can guarantee or heavily subsidize a class of assets without it all ending in tears.
Check out this blog post: "If Housing Was Overpriced, Is it a Bad Thing that Fewer Americans Own Homes?"
About 4.30 minutes.
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