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Biden’s Housing Policies May Be Setting the Stage for Another Crash
by Michael Tennant, The New American: In the first several years of the 21st century, federal policies encouraging banks to grant mortgages to borrowers who couldn’t repay them, government purchases of mortgage-backed securities, and other housing-market interventions led to skyrocketing housing prices and record consumer debt, precipitating the 2008 crash. Yet the Biden administration, having […]
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