How the New Deal Safeguarded US Home Ownership: Lessons for Policymakers Today

December 1, 6:30pm - 7:45pm
Mānoa Campus, BusAd A-101 Add to Calendar

Renowned economic historian Price Fishback tells the story of the disastrous housing market during the Great Depression of the 1930s and how the immensely popular New Deal relief program, the Home Owners’ Loan Corporation (HOLC), stemmed foreclosures by buying distressed mortgages from lenders and refinancing them. Professor Fishback considers the lessons the HOLC offers today’s policymakers in dealing with the current mortgage crisis.


Event Sponsor
Economics, Public Policy Center & UHERO, Mānoa Campus

More Information
(808) 956-8496, econ@hawaii.edu

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