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If you want to understand the ups and downs of housing over thepast 20 years, it's a good idea to start with government policy,says Cortland's Chief Economist Brad Dillman.
It started in the late 90's and 2000's with the Federalgovernment's push to raise the home ownership rate, coupledfinancial deregulation and low interest rates coming out of the dotcom recession. "We were off to the races with the housing boom andthe housing bubble," Dillman says.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
