"As usual, when government interferes with the areas that should be left to private business, it either fails or inefficiently uses resources. In the USA cities built huge housing projects that became hell holes, gang ridden centers of crime and poverty. Better let private firms build that people want to live in or purchase. Communities were destroyed in the 60s with urban renewal."
In principle, I agree with what you're saying, but isn't there many areas in the US where people built hoses of their own or private companies developed rather appealing areas which later on deteriorated.
I've understood that Compton was once an attractive area in LA, even if it isn't today.
Anyhow, I think we all agree politicians often make more mistakes and also make more severe mistakes as decision makers than free individuals and private businesses do.
Yep, something given freely is usually less regarded than something earned personally.