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That was pure propaganda by the banks: http://newamericamedia.org/2011/02/loans-to-minorities-did-not-cause-housing-crisis-study-finds.php http://newamericamed
by crdoconnor 12y ago
That was pure propaganda by the banks:
http://newamericamedia.org/2011/02/loans-to-minorities-did-not-cause-housing-crisis-study-finds.php http://newamericamedia.org/2011/02/loans-to-minorities-did-n...
- protomyth 12y agoI don't think posting political groups is helpful and Rep. Barney Frank's opinion of how economics works has been argued in a lot of forums.
- crdoconnor 12y agoWhich part of the study referenced did you take issue with? http://econpapers.repec.org/article/ucpjlawec/doi_3a10.1086_2f661938.htm http://econpapers.repec.org/article/ucpjlawec/doi_3a10.1086_... "On average, the CRA appears to have had little impact on mortgage lending, even during the mid-2000s, when lending to lower income areas nevertheless soared."