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Elasticities and incidence


President Trump’s budget proposes a significant rethink of federal rental assistance programs, consolidating a number of them — and cutting them by more than $26 billion — next fiscal year. Many experts previously told The New York Times that this could result in low-income Americans losing access to federal housing benefits.

Here is more from the NYT.  If you are a YIMBY type, odds are you should favor this, since some of the subsidy gain likely would end up captured by landlords.

The post Elasticities and incidence appeared first on Marginal REVOLUTION.



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