You have to be responsible. And I think if we find that right balance, again, we can get through this. But remember, That was before the big crash when there were lots and lots of loans out there that people couldn't pay back, created this huge problem in the economy. So that's the way I would do it. I try to find that right mix with good housing policy. But again, a lot of this is local. (16:01–16:11)
CLAIM
Asserts that the economic crash was partly due to numerous unpaid loans.
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.