Edward Glaeser savages the new and unimproved home buyers' tax credit:
If you think that civic engagement is important enough to justify homeownership subsidies, then we certainly shouldn’t be encouraging excess mobility. But the new home buyers’ credit does just that. It subsidizes existing owners to trade up or down, which implicitly encourages people to pull up roots and sever their connections with their existing community.
2006-2011 archives for The Daily Dish, featuring Andrew Sullivan