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Tag Archives: boom and bust
Do Banks Discriminate Against White People?
I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. For more than a decade, US newspapers have editorialized that banks are more conservative than they should be about lending money to blacks. The current … Continue reading
Posted in Economics
Tagged boom and bust, conventional home loans, economist thomas sowell, mortgage loan approval, Thomas Sowell, tom sowell
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Why The Housing Boom Went Bust
I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. He writes that "the idea that lenders would be offended by receiving monthly mortgage payment checks in the mail from blacks should at least give … Continue reading
Posted in Economics, Thomas Sowell
Tagged boom and bust, checks in the mail, community reinvestment act, community reinvestment act of 1977, economist thomas sowell, Thomas Sowell
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Why Does Real Estate Cost So Much In Coastal California?
I’m reading this new book by economist Thomas Sowell — The Housing Boom and Bust. From 2000 to 2005, the average home price in the United States increased by one-third. Millions of Americans began using their homes as ATMs, getting … Continue reading
Posted in Economics
Tagged boom and bust, economist thomas sowell, fannie mae, fannie mae and freddie mac, financial qualifications, Thomas Sowell
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