Bernie Ya'll :snoop:

[Professor Emeritus]

This conservatives-propagated myth is a racist hoax. Poor home owners didn't cause the housing crisis because there isn't that much money relatively in the low end of the housing market. The crisis was caused by high end housing speculation and flippers.

conservatives just loved blaming it on poor black peoole who couldnt pay their bills.

Yup. Both the government's own reports and the private studies have shown that residential foreclosures didn't meaningfully increase in the lead-up to the crash. What increased and directly led to the crash was a bunch of people foreclosing on investment properties they didn't live in. This is known.