Don’t blame CRA: Part 2, then and now
[Continued from yesterday's Part 1.]
Yesterday’s post introduced us to the seductive argument, advanced by Howard Husock in City Journal and enthusiastically embraced by a wide range of affordable-housing foes, that the Community Reinvestment Act is the primum mobile of our current financial mess.
Which, when you think of it, is a tough claim to make for a [...]