So, I wandering through a graduate text on poverty ( as you do…Poverty and Discrimination, Kevin Lang.) and I come across this:
However, if government offers subsidized housing, people who have significant resources will prefer the higher-quality housing available at the market price to the lower-quality housing available at the subsidized price. In this way, government can put fewer resources into identifying who is really poor and may be more effective at targeting resources at the truly poor.
So council and other forms of social housing should intentionally be crap so as to make the best use of scarce resources.
Interesting, don’t you think?
Leave a Reply