The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
Paul Waddell, Arezoo Besharati
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September 7, 2023
Housing affordability was a chronic problem in many cities across North America and across the globe well before the global pandemic triggered an unprecedented surge in rents…
There are many causes to the collapse of the housing market and the recent financial turmoil, but the contribution of the CRA appears marginal. While banks did engage in…