52 min listen
How Government Housing Policy Distorts the American Dream
FromFree Thoughts
ratings:
Length:
63 minutes
Released:
Jan 26, 2015
Format:
Podcast episode
Description
This week we’re talking with Mark Calabria about homeownership and federal housing policy in the United States and its role in the 2008 financial crisis. Why does homeownership seem to be so important in the U.S.—or at least so important to our politicians? How do mortgages work, and how has the government been involved in tinkering with the mortgage market? What do Fannie Mae, Freddie Mac, and the Federal Housing Administration do? How do inflation rates and interest rates affect Fannie Mae and Freddie Mac’s loan guarantees? How do people respond to these incentives? And finally, what caused the 2008 financial crisis and how can we avoid a repeat crisis?Show Notes and Further ReadingRandal O’Toole, American Nightmare: How Government Undermines the Dream of Homeownership (book)Peter Wallison, Thomas Stanton, and Bert Ely, Privatizing Fannie Mae, Freddie Mac, and the Federal Home Loan Banks: Why and How (book) See acast.com/privacy for privacy and opt-out information.
Released:
Jan 26, 2015
Format:
Podcast episode
Titles in the series (100)
Bias in Scientific Research by Free Thoughts