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Instead, I ask him how he sees this arrangement in the context of the bigger housing picture.
John Tynan, director of housing for Catholic Charities of Brooklyn and Queens, said, "We're in a bigger housing crisis than we were in the 80's".
His rival Hillary Clinton proposed stronger incentives for creating affordable housing and giving local governments "resources and flexibility" for bigger housing projects.
That might have given more life to business investment but it might also have fuelled a bigger housing boom, at least in prime real-estate.Could macroeconomic policy have better addressed the global imbalances?
America had a bigger housing bust; in some states non-recourse lending rules make default easier (people can walk away from home loans without fear of losing other assets).
By keeping interest rates too low for too long, in his view, the Fed contributed to the dot-com bubble that burst in 2001 and the even bigger housing bubble that popped in 2007.
Similar(44)
"They bought bigger houses".
Or if we got a bigger house.
Would I have a bigger house?
Do I want a bigger house?
"It was a bigger house, two floors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com