Were poor people to blame for the housing crisis?

This entry was posted by Lagrangian Point on January 25, 2015 at 3:48 pm

Were poor people to blame for the housing crisis?

When we break out the volume of mortgage origination from 2002 to 2006 by income deciles across the US population, we see that the distribution of mortgage debt is concentrated in middle and high income borrowers, not …

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