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I just finished reading “The Housing Boom and Bust” by Thomas Sowell and it was a great book. Dr Sowell has a real gift for making things understandable and also taking apart various arguments and refuting them logically.
I highly recommend this book to anyone who wants to be able to learn from history so that we may not repeat it.
Here is a YouTube video I found from the Hoover Institute of an interview with Dr Sowell on his book:
Another valuable lesson from this book is a very understandable explanation on house the various parts of the housing market works. What is the purpose of Fannie and Freddie? It’s all in the book.
