IT is regrettable that 59 years after independence, the shortage of affordable housing remains unsolved. Budget 2017 can and should address this major problem and provide more affordable housing.
Why are we in this quandary? Is it because all parties – federal, state and local authorities and the developers as well – are in one way or another guilty of protecting their own interests at the expense of the poor and unfortunate low-income house buyers? How come there are still 1.5 million first-time buyers who find it very difficult to get affordable housing?
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