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But when their profits are so high we should be questioning why the government is directing subsidies towards developers to build barely affordable starter homes and away from providing the genuinely affordable housing we so desperately need".
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His package eschews direct subsidies for the industry.
No direct subsidies to tenants are being planned.
(Earlier, they benefited from tax incentives and direct subsidies for the same reason).
The EU lavishes around euro40 billion ($39 billion) a year on direct subsidies to European farmers.
The European consortium receives direct subsidies from governments, which Boeing alleges is contrary to WTO rules.
It includes not just training and infrastructure grants but also direct subsidies.
These handouts take the form of direct subsidies, cash, tax breaks and publicly funded infrastructure.
Direct subsidies to grain growers have helped only a little, accounting for a mere 0.3% of their incomes last year.
Last year the country spent $25 billion on direct subsidies to farmers, and billions more subsidising water, power and infrastructure.
In other cases, the government offers direct subsidies, like those which have helped keep many renewable-energy projects afloat.
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