{"id":160397,"date":"2018-01-15T11:55:57","date_gmt":"2018-01-15T17:55:57","guid":{"rendered":"http:\/\/dyspepsiageneration.com\/?p=160397"},"modified":"2018-01-15T11:55:57","modified_gmt":"2018-01-15T17:55:57","slug":"the-corrupt-politics-of-low-income-housing","status":"publish","type":"post","link":"https:\/\/dyspepsiageneration.com\/?p=160397","title":{"rendered":"The Corrupt Politics of Low-Income Housing"},"content":{"rendered":"<p><a href=\"http:\/\/reason.com\/archives\/2018\/01\/15\/the-corrupt-politics-of-low-in\" target=\"_blank\" rel=\"noopener\">Read it.<\/a><\/p>\n<blockquote><p>The rent is too damn high\u2014so each year Congress appropriates billions of dollars to address the nation&#8217;s collective housing needs. The programs vary from loans to tax credits to straight-up subsidies, but a common feature is that federal taxpayers pony up the dough and then a motley collection of state-level politicians, financing agencies, and housing authorities decide how it&#8217;s spent. Can you guess where things go wrong?<\/p>\n<p>In theory, oversight is provided by bureaucrats in Washington tracking every dollar and by local leaders increasing their re-election prospects by providing housing assistance to their constituents as effectively as possible. In practice, the feds turn a blind eye to inefficient uses of the funds while local officials gleefully engage in politically advantageous graft.<\/p><\/blockquote>\n<p>When the kids at tReason magazine aren&#8217;t lecturing us on behalf of proglodyte morality, they can do some good reporting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Read it. The rent is too damn high\u2014so each year Congress appropriates billions of dollars to address the nation&#8217;s collective housing needs. The programs vary from loans to tax credits to straight-up subsidies, but a common feature is that federal taxpayers pony up the dough and then a motley collection of state-level politicians, financing agencies, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-160397","post","type-post","status-publish","format-standard","hentry","category-tax"],"_links":{"self":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/160397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=160397"}],"version-history":[{"count":1,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/160397\/revisions"}],"predecessor-version":[{"id":160398,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/160397\/revisions\/160398"}],"wp:attachment":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=160397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=160397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=160397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}