I was thinking about programs to encourage home ownership over renting. A renter can move to find better employment options. A homeowner has to find a house buyer first and go through the tricky process of selling the house and moving and finding a new job all at once. So often the homeowner stays put. Maybe that's one more thing driving down wages?
edmund_the_destroyer wrote
I was thinking about programs to encourage home ownership over renting. A renter can move to find better employment options. A homeowner has to find a house buyer first and go through the tricky process of selling the house and moving and finding a new job all at once. So often the homeowner stays put. Maybe that's one more thing driving down wages?