Audio Mises Wire

The State Wants to Nationalize Second Mortgages. What Possibly Can Go Wrong?

Audio Mises Wire
Artis Shepherd

As if the government has not done enough destruction in the housing market, there now is a scheme to have the government nationalize second mortgages. Given the previous disaster with primary mortgages, we do not anxiously await the outcome of this proposal.

Original Article: The State Wants to Nationalize Second Mortgages. What Possibly Can Go Wrong?