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by tel 1369 days ago
The USG massively subsidizes home ownership. The burden is passed down to taxpayers, but also may cause a drag on the global economy due to lopsided interest rate hedging.
1 comments

USG massively subsidizes home debtorship, driving prices up to benefit legacy landowners.

It's not at all clear whether the policy actually helps ownership.

That's correct, and a fair refinement.