Everything that is subsidized is regulated by someone.
Everything that is subsidized has limited availability.

In other words, only a few people get the goodies, and their future is
determined by political whim.

I would rather find a way to help people AND give them freedom of choice.

For example:  Providing down payments that would be repaid without interest
when the house is sold.   The bookkeeping for this could be simple - it
would just appear as a deferred property tax lien.

In the case of people needing apartments, we could provide "a performance
deposit" so that private sector housing providers wouldn't be afraid to take
a chance.  This would help people get housing immediately and help our small
businesses fill up a lot of nice vacant apartments.

The formula for attracting private investment into the Minneapolis housing
market is simple and has three components:  Low taxes, good schools, safe
streets.

Vicky Heller
St. Paul

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