30 Issues: The Government's Role in Home Ownership

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House in foreclosure.

The sub-prime mortgage crisis and the ensuing debate over the proper role of government in promoting home ownership raise questions about the involvement Democratic gubernatorial candidate Andrew Cuomo may have had, as Secretary of Housing and Urban Development under President Clinton, in getting the bubble going.  Dean Baker, co-director of the Center for Economic and Policy Research, Wayne Barrett, senior editor at The Village Voice, and Peter Wallison, Arthur F. Burns Fellow in Financial Policy Studies at the American Enterprise Institute, look at various aspects of the issue.