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" ... So there you have it all in one press release. The most powerful political leaders of both parties in the country continue to support a system that turns a blind eye to local misgovernment on land use using regulation and taxation to drive up housing prices. As those prices rise, groups like the National Low Income Housing Coalition demand more and more money pointing to rising prices (often using bad data) saying that we have an “affordability crisis.” Then Senators like Cantwell and her colleagues shake out more tax credits that are leveraged with even more money to dribble out very expensive and inefficient subsidized projects. For profit construction companies, tax credit lawyers, and for-profit business who get the tax credits laugh all the way to the bank. ... "