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Show Notes
The homeownership rate is now back where it was forty years ago. So what did all that federally-subsidized homebuying over the past decade accomplish? There was a lot of malinvestment, and a lot of politically-favored interest groups that got richer, writes Ryan McMaken.
This audio Mises Daily is narrated by Clay Barnett.
Topics
Booms and BustsFinancial MarketsMoney and Banks