What is not being discussed (much) is the US government policy decision to promote home ownership at all cost. Things got out of hand at the end but banks were penalized for being discriminatory if they didn’t make loans to low income people who may have been better off renting.
sciencevsromance replied to your quote: First: Demand a hearing where the bank executives…
I mean, maybe this is scandalous, but what about the argument that publicizing these loans would have caused the entire financial system to collapse? They did repay it after all. And is a…
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reluctantukresident reblogged this from rickwebb and added:
What is not being discussed (much) is...US government policy decision to promote home...
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