Anthony Randazzo Testifies Before Congress on the Housing Market
Reason Foundation's Anthony Randazzo testified before the House Committee on Financial Services at an April 14, 2010 hearing to discuss reforming the regulatory framework for housing finance.
Randazzo argued that government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac played a significant role in creating the housing bubble, and that current U.S. policy is perpetuating a cycle of boom-and-bust in the housing market. He also argued that before there can be a genuine, sustainable recovery, Congress will have to eliminate the GSEs and open more of the mortgage market to the private sector.
Approximately 12 minutes.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?