In terms of the unforeseeable and destructive effects of government regulation, it’s difficult to find a better example of a time bomb: it was set in 1934 to explode in $147 billion (about $239 billion in 2008 dollars) of damage 55 years later. Then, to top it all off, the free market received the blame! While the establishment Left is certainly horrible on the issue of housing, the Right has its own shameful legacy as well. FULL ARTICLE
Source link: http://archive.mises.org/10248/75-years-of-housing-fascism/
75 Years of Housing Fascism
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