Friday, September 26, 2008

Community Reinvestment Act

Eventually, I'd like to really dig in and learn more about this Community Reinvestment Act. Videos like this one claim it was the cause of the air filling this bubble til it popped.

Don't forget while you're watching this that correlation is not evidence of causality, though. Just showing a graph of before and after and claiming that the only thing different after is the CRA is misleading. The person may be right, but you should be skeptical watching this (and everything else). Still I need to sit down and study this closely. Put CRA in the long list of potential culprits.

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