how did the average home owner cause the real estate bubble? How did the average person now out of work cause the mass layoffs caused by criminal actions of wall st?
average home owners borrowed what they couldn't pay back.
How about banks were forced into lending to people by democrats and "community activists (Sharpton)" who had no intention to pay for their homes...
Community Reinvestment Act and the amendments made under Clinton are responsible for the housing bubble...
CRA had very little to do with the "housing bubble". The elimination of Glass-Steagall, however, had alot to do with it.