We should take a cue from Europe, where countries such as Denmark and Austria build “social housing.” Social housing is public housing, but only in the sense that it is government-financed, according to The Washington Post. European social housing is subsidized yet serves middle-class as well as low-income households, thereby avoiding many of the socioeconomic issues associated with America’s public housing.
Social housing could solve public housing problem
Most Popular Articles
Latest Articles
Pennymac posts first-quarter profit of $39M
Loan production income shrank in the first quarter, but the company’s servicing business continues to grow
-
DOJ charges one of America’s top LOs in alleged mortgage fraud scheme
-
Top Producer Review: Features, pricing & alternatives
-
A&D Mortgage names new servicing manager
-
HUD aims to help protect communities from extreme heat
-
Freedom Mortgage founder addresses ’extraordinary’ credit profiles, profitability and products