Peter Wallison On How Government Created The Housing Crisis
December 21st, 2008 • Related • Filed Under
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While this presentation by Peter Wallinson is not the most exciting presentation, it is one of the most well rounded and in depth explanation on how Federal interference in the banking system and housing industry through Fannie Mae and Freddie Mac created the housing crisis we are living in now.
It is amazing how the passive aggressive approach to oversight by HUD, bank regulators, and Congress of the banking industry.
http://reason.tv/video/show/626.html
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Great blog, keep the great content coming! 
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Comment by Vance Shutes on 21 December 2008:
Tom,
I wrote about this work by Wallison on my blog today, with many excerpts and my own commentary. http://www.salinemichiganrealestate.com/how-did-the-market-for-saline-real-estate-get-like-this
Comment by Brandon Green on 22 December 2008:
It is a good explanation, but the government was just one of many factors that contributed to the problem.