Mortgage Default Rates by Race: In 2008 Mortgage Crisis, America Was "Hit Hardest" By Minorities
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The not wholly historically accurate Guns of Singapore metaphor is helpful here. Our society so focused on the problem of not enough mortgage money being lent to nonwhites that, surprise, surprise, we ended up lending too much mortgage money to nonwhites during the Housing Bubble.

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Interestingly, a dozen years later, almost nobody is aware of this fact that has been documented over and over by social scientists since 2008.

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