The Housing Stalemate

As this article is being written (early July), the House and Senate each have passed housing bills and a conference committee is about to try to resolve two very different approaches. Crudely stated, the House bill, passed on June 20 by a vote of 351-25, represents a compromise with the Administration in order to achieve some kind of federally subsidized housing production, while the Senate bill, approved in April by a 76-11 vote, embodies a conventional liberal wisdom, continuing, in spruced...