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Do We Want High House Prices or Affordable Housing?

Matt Yglesias asked this question of President Obama on his twitter feed. It’s a very good question and reporters at President Obama’s speech in Phoenix would have been asking it if they were awake. In case folks missed it, President Obama touted immigration reform as one of the actions he would do for housing. He said that this would raise house prices.

via Do We Want High House Prices or Affordable Housing? Lessons on the Government Debt | Beat the Press.

 

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