affordable housing

yes, affordable housing is an oxymoron  … Keynesian schmucks… THE MARKET WILL BEST DETERMINE PRICE,  NOT THE WHIMS OF A GOVERNMENT,  CENTRAL BANKERS OR  POLITICS DE JOUR!  ANY SECTOR OF THE ECONOMY YOU FIND GOVERNMENT INVOLVEMENT YOU WILL FIND PRICE INFLATION IN THAT SECTOR. JUST LOOK AT MEDICINE, COLLEGE TUITION, HOUSING AND ENERGY. 

 AT THE END OF A DISTORTED BUSINESS BOOM CYCLE, THE MARKET FORCES ALWAYS PREVAIL, SO NO FREE LUNCH OR HOUSING. NO  DISTORTED FRAUDULENT HOUSING SCHEME OR ARTIFICIALLY LOW INTEREST RATE WILL CREATE” AFFORDABLE HOUSING.”  PRODUCTION COMPETITION, PRODUCTIVITY GAINS GROW AN ECONOMY, LEAD TO HIGHER WAGES, HIGHER SAVINGS RATE, HIGHER STANDARD OF LIVING AND  THUS A LARGER WEALTHIER CONSUMER BASE.  AFFORDABILITY OF HOUSING BY GOVERNMENT FIAT IS AN IMPOSSIBILITY, PERIOD. IT IS NOT DIFFERENT THIS TIME.

 A RECESSION/DEPRESSIONS (AKA THE BUST CYCLE)  IS PAINFUL  AS IT PUNISHES EXCESS AND POOR ECONOMIC CHOICES .THE MARKET NEEDS TO WORK OUT THE DISTORTIONS, LIQUIDATE DEBT AND FIND SOLID A MARKET BASED PRICE BALANCE. GOVERNMENTS NEED TO GET THE HELL OUT THE WAY AND STOP PICKING ECONOMIC WINNERS AND LOSERS. BIG GOV NEEDS TO STOP INTERVENING IN THE ECONOMY, CUT  SPENDING AND PROGRAMS WHOLESALE, STOP INCURRING MASSIVE DEBT AND STOP  INFLATING!  THE TRUTH IS YOU ONLY NEED THE GOVERNMENTS HELP PROGRAM BECAUSE GOVERNMENT CREATED THE PROGRAM AND YOU HAVE TO COMPETE AGAINST THOSE WHO HAVE THE COMPETITIVE ADVANTAGE OF A GOVERNMENT PROGRAM/ SUBSIDY.