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Please help with the following problem.

"If it is good for society for people to own their own homes, home ownership should be subsidised with special tax advantages or subsidies." Offer a brief critique of this statement with reference to the current global crisis*
*Refer for example to housing articles in The Economist 18th April 2009

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This posting gives an in-depth insight into the current global crisis. References are included in the solution.

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"If it is good for society for people to own their own homes, home ownership should be subsidized with special tax advantages or subsidies." Offer a brief critique of this statement with reference to the current global crisis*
*Refer for example to housing articles in The Economist 18th April 2009

There are a number of reasons why the government provided subsided home purchases, provided tax benefits and low-cost loans for first time home buyers. There are reasons why the government targeted black localities for housing subsidies. The government had the ...

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