Arizona's New Immigration Law

[JoeRedskin]

Originally Posted by Rainy Parade

my apologies if that quip was in repsonse to your post, i should have clarified.... i have heard (first hand in person as well as from "the media") plenty of people say that the housing crisis and subsequent economic collapse was caused/mostly the fault of "giving mortgages" to "minorities." my bad for implying that YOU said that or believe that. but it's been asserted.

I have seen the same thing said but more from an allegation that predatory lenders/mortgage brokers were taking advantage of "unsophisticated" purchasers. Not sure if that is the same thing you are referring to. Undoubtedly, many of these unscrupulous brokers made promises of easy money to people who wanted to believe in "pie-in-the-sky" investmets and targeted low-income individuals. Plenty of fault to go around on that scenario.