Many people truly don’t understand by helping “struggling borrowers” was a bad idea. It was. It encourages even more risk taking.
Many issues compete for our attention in the wake of the housing bust. However, the importance of these issues is not equal. Underlying most of...
Moral hazard is central issue in housing bust (redux)
Tuesday, December 22, 2015
OCHN: Moral hazard is central issue in housing bust (redux)
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