Arianna Huffington: "Right-to-Rent": A Simple, Sensible Idea That Dysfunctional Washington Is More Than Happy to Let DieQuicklink submitted by Mari Eliza Permalink
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|Last week, I wrote about the D.C. dictum that when it comes to leadership and reform, 'the important thing is just to be caught trying.' This weekend, I got an up-close view of the concept being put into action... A perfect example of a sensible, widely-praised idea that has nevertheless gone nowhere is an idea I touted in the This Week green room segment after the show: Right-to-Rent. It's a concept first proposed in 2007 by Dean Baker of the Center for Economic and Policy Research, and endorsed by Andrew Samwick, an economics professor at Dartmouth and the former chief economist on George W. Bush's Council of Economic Advisors. Under the plan, after a home is foreclosed on, the homeowners would be given the option to stay in the house paying a fair market rent determined by an independent appraiser...|
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