Politics Quote by Yaron Brook

“The bottom line is that the government has artificially mitigated lenders’ risk, and it has done so on the perverse, altruistic premise that “society”…

— Yaron Brook

“This has occurred for complicated reasons. Federal housing policy has actively encouraged homeownership, from Jimmy Carter’s Community Reinvestment Act to George W. Bush’s ownership…

— J.D. Vance

“Mortgages were less about getting people into property than getting them into debt. Someone had to absorb the surplus supply of credit.”

— Douglas Rushkoff

“Consider the recent financial crisis and its link to faulty reward systems. President Bill Clinton's objective of increasing homeownership by rewarding potential home buyers…

— Max H. Bazerman

No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to…

— Thomas Sowell

“Purchasing a large and expensive home during a real estate boom turned into the biggest financial mistake that I ever made.”

— Steven Magee

Millions of Americans were duped by the federal government and the Federal Reserve into buying homes they could not afford and failed to count…

— Mark Skousen

“Hadn't the myth of the glory of homeownership been debunked once and for all? Did he really want to trade his free time -…

— Chad Harbach

“The escalation of home prices that had allowed refinancing to pay off more debt had stopped. With a decline in housing prices, overleveraged borrowers…

— Patricia Crisafulli

The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that…

— Mark Zandi

“Dodd-Frank is the most restrictive financial regulation since the Great Depression—but it won’t stop another bubble.”

— Ziad K. Abdelnour

“Government could avoid having opinions about so many things if it would quit subsidizing so many things.”

— George will