"Housing markets in the United States and Canada are similar in many respects, but each has fared quite differently since the onset of the financial crisis. A comparison of the two markets suggests that relaxed lending standards likely played a critical role in the U.S. housing bust."
- urbanexus
from Bookmarklet
Reading: - Sustainability: An Assault on Economics - Tyler A. Watts - Mises Institute - - http://mises.org/daily/3886