The Mortgage Market Debate
Russ and Arnold discuss the current state of the mortgage market and the role of government agencies like Freddie Mac and Fannie Mae. They explore the accountability problem and the potential consequences of political interference in the natural market process. Will the housing market become messier in the long term? Listen to gain insights into this topical and technical discussion.In this clip
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Arnold Kling on Freddie and Fannie and the Recent History of the U.S. Housing Market
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