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Will the "Free Market" Solve the Affordable Housing Crisis?

By Peter W. Salsich Jr.

The privatization movement has affected government housing programs primarily through a reduction in direct government financial support for housing production. As a result, for many low-income people, the search for affordable and decent housing has become harder, not easier. The private housing market by itself cannot improve housing conditions and choices for low-income people. However, in partnership with the public and nonprofit sectors, the private market can play a meaningful role in solving the affordable housing crisis.

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