Authorities got more and you will predictably, the fresh new property points was hated and you may money were improperly paid down
But not, this is simply not the greatest system, even yet in which respect, because the, in practice, it utilized hidden and you will unbudgeted financing subsidies. Government offered paid finance and invisible subsidies linked to the latest refusal to pursue foreclosure, even if the most o f house defaulted on their financing. Perhaps the this new system o f paying for the risks and you can will cost you o f financing have a tendency to resolve the trouble entirely remains a keen area o f matter. The new allowance and you may selection of beneficiaries i s considered to be legitimate and you will clear, according to a nationwide number o f candidates and you may an algorithm-dependent rating apparatus (Rojas and you will Greene 1995, Rojas 1999).