Faculty News
Professor Kim Schoenholtz explains how US policymakers are still incentivizing home ownership to a dangerous degree, in a story about the 10th anniversary of the financial crisis
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![Los Angeles Times logo Los Angeles Times logo](/sites/default/files/styles/480w/public/assets/images/con_032838.jpg?itok=X374yPbM)
Excerpt from the Los Angeles Times -- "'We’re encouraging people to adopt very risky financial behavior — to acquire an illiquid, undiversified asset and to borrow heavily against it,' [Schoenholtz] said."
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