Quote:
Originally Posted by Little32
Hell, the way housing prices still are in some of these cities, "white-collar" professionals need subsidies to be able to afford a home.
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You are probably talking about San Francisco but there are not too many cities like that. They should do away with their subsidies too. SF had a ton of .com money which boosted the housing prices. The market should set the price and in a weak market the prices will eventually come down. It was the school teachers and city workers that wanted the subsidies. If the prices don't come down then labor should negotiate better contracts to get a piece of the pie.
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