Why did the housing market turn into America's economic cancer—growing out of control before recently killing economic growth?
It’s is a difficult question to answer—but not because there is a shortage of reasons. Instead, all the causes are interconnected——just as all the players in the game, from the top of society to the bottom, egged each other on.
The housing disaster is not an isolated incident. Instead, it is intimately interwoven with most of the destructive trends in our society: non-traditional mass immigration, growing economic inequality, multiculturalism, globalization, and the decline of community and traditional standards of behavior.
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