Apr 25, 2013
Explaining the housing bubble
The tremendous run-up in housing prices from 1997 to 2006, which ultimately led to the housing crash, has been blamed on many things: Lenders, rating agencies, insurers, government burocracy and cheap money providers have all had fingers pointed at them as causing the housing bubble. Do we know who is to blame? N.C. State University economist Mike Walden answers.