Several studies have evaluated the impact of the rising U.S. home ownership rate on American’s society. Besides boosting the economy (in 2005 alone, 16% of total economic activity
was from the housing sector), home ownership also provides other social benefits. A study conducted by the National Association of Realtors (NAR) found that home ownership positively impacts the U.S. society in at least five areas: social stability, educational achievement, civic participation, crime rates and participation in public assistance.

1. Promotes Social Stability: Homeownership has been found to contribute towards social stability. Since homeowners have greater financial stake in their neighborhoods, they typically remain in their homes for a longer period than renters, Thus indirectly contributing to the stability to their neighborhoods. When compared to homeowners, renters are five times more Likely to move.

The U.S. Census Bureau found that even between a homeowner and a renter of equal age, income and marital status, the renter is more Likely to move out of his / her residence in a given year than a homeowner. Residential stability has been found to indirectly Strengthen local social ties. The NAR Research concludes that homeownership does bring positive social outcomes with respect to housing stability or less frequent change of residence.
» Read more: Home Ownership Benefits U.S. Society

The present article is the fruit of a reflection that did when it was Elaborating conclusion of my work of course (WCC) on the concept of public policy. In the bibliographic references on this subject always find authors that argued that only the State Public Policy can elaborate, but forget that it does the “State” exist that are common citizen contribute with taxes and want to know Those like his money is being used Stop it benefit common.

To help in the reflection the theoretical references that help to analysis the idea Debated in this article, authors will be argued that the concept of Public Policy such as MEKSENAS (2002), Fernandes (2007), Souza (2006) between others that go to To help you understand the concept of public politics, and his relationship with the daily of each one of the citizens.

THE CONCEPT OF PUBLIC POLICY

The concept of Public Politics is argued in all the areas of the knowledge, however is in the field of the Political Science that this wins a big highlight in the theoretical discussions like sample Souza (2006 p. 45) in his article “Políticas Públicas uma revisão da literatura, “shows a general view of as the publisher policy is view by the academy, like a first in the balance between budget and expenditure limitation, as a new vision of the state where leaves to be a policy kenynesiana, to be a restrictive policy to the expenses, and third is the relationship that exists between the developed and Those countries that initiated his democratic walked recently, of a particular way the Countries of Latin America that still do not administer to Achieve well his public resources and to set out The goods in favor of his people, of way include the excluded.
» Read more: Rethink The Concept Of Public Policy

I just read in the May 19 Christian Science Monitor that a Massachusetts legislator proposes a 2.5 percent tax on college endowments over $ 1 trillion. The Commonwealth State has nine such institutions including Harvard, MIT, Williams, Boston College, Amherst, Wellesley, Tufts, Smith and Boston University; all of them are among the most selective schools in the United States.

State Representative Paul Kujowski sponsor of the endowment tax legislation believes these institutions have accumulated an exorbitant amount of wealth while retaining their non-profit status. I can believe that Representative Kujowski did the math and found that Harvard alone would pay $ 850 million on $ 34 billion of their endowment and MIT $ 250 million on their $ 10 billion; a smart politician knows a cash cow when he sees one.

But this legislation is a dumb idea.

For one thing, many donors who support these universities
do not live in, and therefore do not pay income tax to the State of Massachusetts; they pay taxes to their state of residence. Why should their contributions be taxed by a state where they have no right to vote? That’s very much like a commuter tax, another policy I Revile.
» Read more: Endowment Tax is Unsound Public Policy