Megan McArdle On Yet Another Incentive For People To Buy Houses They Can' Afford

It is stunning to me how blindly we walk toward the next cliff.  Giving people $1000 for a down-payment they cannot afford is folly.  We continue as a society to put far too much stock in real estate as an investment class.  Shelter should be the goal, not societal change.  Via Instapundit.