Affordable housing Quote by Yaron Brook
![“As Representative Barney Frank put it: I believe that we, as the Federal Government, have probably done too little rather than too much to push [Fannie Mae and Freddie Mac] to meet the goals of affordable housing and to set reasonable goals. . . . The more people, in my judgment, exaggerate a…” quote by Yaron Brook](https://sms4smile.com/quotes/img-quotes/52b/yaron-brook-25046_affordable-housing_as-representative-barney-frank-put-it-i_3169840.jpg)
““As Representative Barney Frank put it: I believe that we, as the Federal Government, have probably done too little rather than too much to push [Fannie Mae and Freddie Mac] to meet the goals of affordable housing and to set reasonable goals. . . . The more people, in my judgment, exaggerate a threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the Treasury, which I do not see . . . the more pressure there is there, then the less I think we see in terms of affordable housing.15””
About This Quote
Source Speech: Economic Freedom Forum, 2020
Government intervention in housing finance may be excessive; over‑regulation can hinder affordable housing goals.
In simple terms: Too much government control hurts housing affordability.
Key Takeaway
Advocate balanced policy.
Themes
policy
housing
regulation
Mood
analytical
critical
Type
policy
economic
When to use this quote
- legislation
- urban development
- affordable housing projects
Key Concepts
economics
public policy
Questions to Reflect On
- What balance of regulation and market freedom is ideal?
- How can private sector contribute to affordable housing?
A Different Perspective
Market forces also play a role in housing outcomes.
![“One [project of Teddy Cruz's] is titled Living Rooms at the Border. it takes a piece of land with an unused church zoned for three units and carefully arrays on it twelve affordable housing units, a community center (the converted church), offices for Casa in the church's attic, and a garden that…” quote by Rebecca Solnit](https://sms4smile.com/quotes/img-quotes/446/rebecca-solnit-569_109_one-project-of-teddy-cruz-s-is-titled-li_109840.jpg)
