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Lenders violate the Sherman Antitrust Act to drive up house prices


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2014 Dec 29, 11:37pm   833 views  2 comments

by golfplan18   ➕follow (1)   💰tip   ignore  

http://ochousingnews.com/blog/lenders-violate-sherman-antitrust-act-drive-house-prices/

America’s largest banks engage in anti-competitive practices to drive up the price of housing, and rather than crack down, the government encourages it.

Source: http://ochousingnews.com/blog/lenders-violate-sherman-antitrust-act-drive-house-prices/#ixzz3NObq1fwt

#housing

Comments 1 - 2 of 2        Search these comments

1   MisdemeanorRebel   2014 Dec 30, 1:44am  

Of course it does. Alchemeconomists count the sale and resale of existing buildings as GDP growth.

2   Peter P   2014 Dec 30, 1:55am  

But unions are allowed to drive up labor costs?

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