I’m sure basically all of us have heard this. Before the Great Recession, “Anyone with a pulse could get a mortgage.” Here, I want to walk through some of the basics that go back to my early research. Most of these charts are from “Shut Out”. Really, even before I began to appreciate the urban housing shortage that was the true center of the American housing story, I was surprised to discover that I couldn’t find evidence for many of the empirical claims at the center of the conventional story.
Anyone with a pulse could get a mortgage
Anyone with a pulse could get a mortgage
Anyone with a pulse could get a mortgage
I’m sure basically all of us have heard this. Before the Great Recession, “Anyone with a pulse could get a mortgage.” Here, I want to walk through some of the basics that go back to my early research. Most of these charts are from “Shut Out”. Really, even before I began to appreciate the urban housing shortage that was the true center of the American housing story, I was surprised to discover that I couldn’t find evidence for many of the empirical claims at the center of the conventional story.