Wednesday, May 18, 2011

Sounds like a good idea to me: Get the Federal government out of the affordable housing program

The Cato Institute has a post about HUD's 'Wastlands'.  It starts:

A year-long investigation by the Washington Post into the Department of Housing & Urban Development’s HOME affordable housing program uncovered systemic waste, fraud, and abuse. The tale is yet another example of why the federal government should extricate itself from housing policy and allow the states to chart their own course.

Politicians keep promising to "fix" these kinds of problems.  Waste and fraud are problems that come from large, lossely supervised bureaucracies. 

The Constitution clearly limits the role of the Federal Government.  If there is a problem with housing it should be addressed at the state level.

Hat tip: Miazagora via Facebook.

No comments: