{"id":4826,"date":"2020-05-24T19:46:16","date_gmt":"2020-05-24T19:46:16","guid":{"rendered":"https:\/\/www.novonon.com\/blog\/?p=4826"},"modified":"2020-05-24T19:46:16","modified_gmt":"2020-05-24T19:46:16","slug":"the-housing-vultures-by-francesca-mari","status":"publish","type":"post","link":"https:\/\/www.novonon.com\/blog\/2020\/05\/24\/the-housing-vultures-by-francesca-mari\/","title":{"rendered":"The Housing Vultures | by Francesca Mari"},"content":{"rendered":"<p><a href=\"https:\/\/www.nybooks.com\/articles\/2020\/06\/11\/homewreckers-housing-vultures\/\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/i0.wp.com\/www.novonon.com\/blog\/wp-content\/uploads\/2020\/05\/mari_1-061120.jpg?w=625&#038;ssl=1\" alt=\"\" \/><\/a><\/p>\n<p>This is an ugly and depressing story, but worth reading. It leaves me pretty cynical about who&#8217;s likely to get ahead in the current crisis.<\/p>\n<blockquote><p>Homewreckers, Aaron Glantz\u2019s recent book about the investors who exploited the 2008 financial crisis, is essential reading as we plunge headlong into a new financial catastrophe. Glantz observes that there are two ways a government can respond to a crisis caused by reckless speculation: by stepping in or by stepping aside. During the Great Depression Roosevelt stepped in; Ronald Reagan, dealing with the savings-and-loan crisis, stepped aside. The George W. Bush and Barack Obama administrations, alas, hewed closer to Reagan\u2019s example.<\/p><\/blockquote>\n<p><em><a href=\"https:\/\/www.nybooks.com\/articles\/2020\/06\/11\/homewreckers-housing-vultures\/\">The Housing Vultures | by Francesca Mari<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is an ugly and depressing story, but worth reading. It leaves me pretty cynical about who&#8217;s likely to get ahead in the current crisis. Homewreckers, Aaron Glantz\u2019s recent book about the investors who exploited the 2008 financial crisis, is essential reading as we plunge headlong into a new financial catastrophe. Glantz observes that there [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-4826","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p3pfIY-1fQ","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/posts\/4826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/comments?post=4826"}],"version-history":[{"count":1,"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/posts\/4826\/revisions"}],"predecessor-version":[{"id":4828,"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/posts\/4826\/revisions\/4828"}],"wp:attachment":[{"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/media?parent=4826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/categories?post=4826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/tags?post=4826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}