The absurd cost of housing is the result of so many failures, and it reveals so, so much about what's broken in Washington? I can tell you exactly how it happened. Wall street barons crashed the economy, and American builders went out of business. As tradesmen scrambled for jobs, houses stopped being built. The lack of good jobs, of course, led to stagnant wages. (24:58–25:04)
CLAIM
Asserts that Wall Street caused the economic crash, leading to American builders going out of business.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
