Beat the Press Archive | The American Prospect
Does Anyone Who Writes on Housing for the NYT Know Arithmetic?
When people talk about plans to "help" homeowners they must (yes, I said "must") ask two simple questions:
1) Are the homeowners being "helped" paying less in mortgage and other housing costs than they would to rent a comparable unit: and
2) Are the homeowners likely to end up with equity in their homes?
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