It Was those Bad Speculators That Drove the Housing Bubble….
By Mark A. Calabria
A recent report from the Federal Reserve Bank of New York examines the role of speculators in driving the housing bubble. Setting aside the fact that almost everyone who bought a house was “speculating” to some degree, the researchers focus on those who were buying homes they did not intend to live in. Some have [...]
It Was those Bad Speculators That Drove the Housing Bubble…. is a post from Cato @ Liberty – Cato Institute Blog
