Biden’s Housing Plan Doubles Down on Decades of Failed Government Policy

Workers construct a new house in Arvada, Colo., in 2016. (Rick Wilking/Reuters)
Federal housing programs enacted in the name of the poor have harmed, not helped, their ability to climb the economic ladder. It’s time to try something else.

NRPLUS MEMBER ARTICLE T he Democratic convention may have emphasized Joe Biden’s character and life story, but it’s well worth scrutinizing the details of his policy proposals, too. Take a close look at his proposed $645 billion housing plan — “The Biden Plan for Investing in Our Communities Through Housing” — and you’ll find warmed-over ideas that have failed before and would harm the poor and minority households they’re ostensibly aimed at helping. The plan’s fundamental flaw is the assumption that the private housing market fails the poor, when in truth government-subsidized housing bears the primary blame for harming the poor.

The Biden–Harris plan is

Howard Husock is a senior fellow at the Manhattan Institute. He is currently at work on a history of low-income housing.

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