Question
3 . What are the two, sometimes contradictory goals, of housing subsidy programs targeted on low income households and their neighborhoods?Discuss the effectiveness of public
3. What are the two, sometimes contradictory goals, of housing subsidy programs targeted on low income households and their neighborhoods?Discuss the effectiveness of public housing, proportional rent subsidies, housing vouchers, and income grants in achieving these basic goals of housing subsidy programs. In your answer draw a set of indifference curves showing a typical household's housing and consumption choice under each program.If the poor were to choose, which programs would they likely favor?Explain.Which programs were favored in the U.S. in the 1950s?Which programs are now favored in the U.S.? Discuss in a minimum of two paragraphs.
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