Building on lessons learned from the Moving to Work (MTW) demonstration, the author reviews "Freedom to House," a proposal to reform and partially deregulate the nation's Public Housing Authorities (PHAs), submitted in the 2005 budget to Congress. The author discusses the climate of mutual cynicism and distrust between the federal regulatory agency, the U.S. Department of Housing and Urban Development (HUD), and the public housing industry that burdened the MTW demonstration, and argues for all parties approaching Freedom to House as a genuine experiment whose purpose is to demonstrate both the benefits of deregulation as well as any negative consequences.