Figure of the stock market crashing

After the financial crashes in 1929, the Roosevelt Administration established the process of financing our homes through the New Deal. Before this, the Federal Government played no role in our housing. During this period (1930 to 1972), homeownership reached an all-time high and was very affordable. However, at inflection point 1, (below) the Nixon administration changed the financing rules and put the responsibility back into private enterprises’ hands. n this blog, we will discuss the housing crashes and their causes. At inflection point 4, we discuss the current impending housing crash and its most likely causes–Risk vs. Moral Hazzard.

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With the Eviction Crisis looming and millions of Americans facing the threat of homelessness, many Americans are left wondering, “will the government bail out the people?” The US Government has spent billions of dollars in the last two decades doing just that for Wall Street. Banks and investment firms that defrauded the public and blew…

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I will never forget my first economics class at the university. My professor, a member of Ford’s board of directors and an economic advisor, asked a student for a dollar bill. The professor then held up the bill and requested a straightforward question, “What is this one-dollar bill worth?” A discussion ensued between class members.…

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Allow me to relate the history of the 1934 Pecora Report. Back in 1929, America was suffering from the Great Depression’s effects and a great crisis of confidence in our financial systems. Our predecessors demanded not just an investigation into the system’s failure but the transparency of the probe’s findings and action on the part…

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Title VIII of the Civil Rights Act of 1968 prohibits discrimination in the sale, rental, or financing of dwellings and in other housing-related activities based on race, color, religion, sex, disability, familial status, or national origin. Congress gave the authority and responsibility for administering the Fair Housing Act and the power to make rules to…

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While reading a business article the other day, I came across a passage where the writer reminded the reader of the importance of hearing the signal through the noise. Through all the political noise, I have been studying and analyzing the changes occurring on Wall Street in relationship to the housing markets. Today, the signal…

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