People are jumping on a bandwagon. . . Washington needs something to sell. It can't be a panacea for everyone.The green jobs won't replace all the brown jobs she says. Well, duh! It is Le Chatelier's Principle at work.
Are Fannie Mae and Freddie Mac Doubling Down and Creating a New "Moral
Hazard" Effect in Subsidizing Risky Mortgage Loans?
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I am the co-author of a controversial 2022 empirical paper that argues
that Fannie Mae and Freddie Mac have implicitly subsidized home ownership
in area...
9 hours ago

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