Nothing speaks to the failure of Big Government like federal housing policy . . .
In 1965, the Department of Housing and Urban Development (HUD) was created to administer federal housing policy. Did it make life better for the poor?
So-called "urban development" created more poverty and injustice. Public housing "projects" became monuments of Big Government failure, as the buildings were poorly maintained and overrun by crime. Federal "partnerships" with private developers created the kind of "waste, fraud, and abuse" that everyone would like to see eliminated from the Federal Leviathan's budget.
And the very people served by HUD routinely tell tales that would make even a hard-core slumlord blush.
Inner-city residents have not been the only victims of HUD. As the CATO Institute notes . . .
None of these unfortunate outcomes are surprising. They are the logical outcome of Central Planning. HUD was ill-conceived from the start . . .
Each state and city has its own unique patchwork of regulations, licensing requirements, and zoning laws. In some places, these burdens are relatively light and such cities are enjoying growth. In others, they are excessive. In these cities there is high unemployment, population decline, and urban decay.
And the high-regulation, declining cities, are the cities who are "rewarded" with taxpayer money.
HUD is basically a federal bailout program.
There is little the federal government can do to fix problems created by local government, and throwing more money at the cities will only makes things worse. Instead, Congress should get out of the way . . .
A free market in housing will bring home prices and rents to affordable levels. Let's remove all obstacles to a free market.
Use the form at right to send your elected representatives a letter about this issue. It's easy!
We provide the first few words of the letter so that Congressional offices will see the most important point right at the start, and so that no one can hijack our system for another purpose. Here's the part we provide . . .