With the number of homeless families at a record high halfway into Mayor Michael R. Bloomberg’s five-year plan to reduce the homeless population by two-thirds, city officials are acknowledging missteps in their approach and are looking to revamp a controversial rent subsidy program geared toward poor families. (New York Times, Monday)
Officials never wonder how they make housing artificially expensive.
FEE Timely Classic
Roofs or Ceilings? by Milton Friedman and George J. Stigler