Political Quotes

Richard Shelby: “One of the criticisms of our current housing finance system is that it encourages borrowing and accumulation of debt…”

On the recordMay 4, 2011
One of the criticisms of our current housing finance system is that it encourages borrowing and accumulation of debt rather than the building of equity.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby critiques the housing finance system for promoting debt over equity.

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