Housing Policy in the United States
Author(s) -
John M. Quigley
Publication year - 2013
Publication title -
palgrave macmillan ebooks
Language(s) - English
Resource type - Book series
DOI - 10.1057/9781137336583.0809
Subject(s) - subsidy , voucher , renting , rental housing , subsidized housing , business , government (linguistics) , tax policy , public economics , economics , economic policy , economic growth , tax reform , political science , market economy , linguistics , philosophy , accounting , law
The most significant and most expensive housing policy in the United States is the treatment of owner-occupied housing for tax purposes. This treatment of housing under the tax code is analogous to that in many other countries (for example, Sweden), but certainly not in all developed countries (for example, Canada). Federal subsidies to US renter households are much smaller. Policy has evolved from programmes in which the government built, owned, and managed dwellings to programmes emphasizing housing demand through vouchers and rent certificates awarded to eligible households.
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