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Bush-Spitzer Condominium

Submitted by Barbara, Apr 12, 2007 16:53

Albert Einstein famously said: Insanity is doing the same things over and over and expecting different results.

How much more evidence do we need that "affordable" (by the way, affordable to whom?) housing doesn't work unless other people are forced - meaning taxpayers like me - to subsidize other people to live cheaply?? The same goes for food stamps and welfare.

This insanity will not stop until artificial and unfair housing regulations are removed so the free market can operate effectively and lift the burden off the texpayers. Cities that have lifted rent controls have seen their rents decrease; it's a simple matter of supply and demand. And those who bleed for the tenants should shed some tears for the property owners who get screwed badly; they are supposed to be protected by the 5th Amendment to the Constitution, which guarantees property rights.

Socialized housing is as effective as socialized medicine - and fifty years of rent controls have proved how ineffective it is.


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Other reader comments on this article

Comment By Date

Albert Einstein famously said: Insanity is doing the same things over and over and expecting different results. How much more evidence...

Barbara 

Apr 12, 2007 16:53

Don't you want your country to be the best it can be? Go watch or read Oliver Twist and you'll... [MORE]

Kimo 

Apr 13, 2007 11:00

Seems the real problem here is you have two camps. One people who own property and quite correctly wish to... [MORE]

justin 

Apr 16, 2007 01:52

Reading between the lines of your editorial; you did a fine job for the powerful Clipper lobbyists. How many luxury condos... [MORE]

elayne 

Apr 12, 2007 02:11

The post W.W.II emergency may be over but when is the government going to address the population explosion of the... [MORE]

Anita 

Apr 11, 2007 18:53

A very simple way to bring down the cost of housing is to get rid of the government housing subsidies... [MORE]

Bill Davis 

Apr 13, 2007 00:46

WHEN YOU NEED TO CHOOSE BETWEEN FOOD FOR YOUR FAMILY OR PAY ING RENT THEN AND ONLY THEN WILL YOU HAVE... [MORE]

B WECKER 

Apr 11, 2007 17:11

Instead of using the occasion to discuss the realities of the rent structure at Starret City in Brooklyn, the Sun... [MORE]

Lawrence Gulotta 

Apr 11, 2007 12:37

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