Added: 3 years ago
From: seeprogress
Views: 4,157
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  • Sub-prime loans allowed the real estate boom to continue longer than it otherwise would have. Sub-prime loans did not cause the crisis nor did any of the public policies that encouraged and subsidized home ownership by those who otherwise could not have been players at all. The crisis in the housing market was bound to happen because Americans are allowed to speculate with real estate so there is has been a 18-20 year boom and bust cycle that has gone on for centuries if one follows the data.

  • thehelpfund.blogspot

  • thehelpfund.blogspot

  • Quick and to the point. Another fine example of governmental deregulation.

  • Great video of this issie.

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