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Government In The Housing Market

Steve Scher
04/14/2011 at 9:00 a.m.

The most expensive bailout of the 2008 financial collapse was the government takeover of Fannie Mae and Freddie Mac. That could end up costing from $150 to $260 billion. That's money Fannie and Freddie aren't likely to pay back. Should the United States change the way it finances real estate? How do other countries do it? Would changing the government's role in the housing market affect the way we think about houses?

Guest(s)

Stephen Malpezzi is a professor at the University of Wisconsin's Real Estate Program, with a specialization in international real estate. He has served as an economist with the World Bank.

Dr. Joaquin Jorge Piserra Ribera is a professor of finance at the International University in Barcelona. He has studied in America, teaches in Spain and is an expert in European real estate.

Fiona Anderson is business editor at The Vancouver Sun.

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