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Government Intervention in Housing Has Always Been Bad. Here’s Why Today Is No Different.
Claudia SladickEver since the federal government embedded itself into the U.S. housing market, it has caused problems that ultimately cost taxpayers trillions of dollars. Most policymakers point to the New Deal era—when Fannie Mae and the Federal Housing Administration were created—as the beginning of these interventions, but federal meddling in the housing finance sector predates the…

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