Tag: real estate

Should government intervene in the housing market?

(light music) – Should the government support the housing market? US government agencies play a huge role in housing compared to other countries. Fannie Mae and Freddie Mac, the government-controlled mortgage companies, turn trillions of dollars of risky mortgages into risk-free bonds, while America’s annual mortgage subsidy is estimated to be worth somewhere between $70 billion and $150 billion. Part...