It's actually an extremely common argument that conservatives make to this day. Thomas Sowell blamed the CRA himself, so I'm not sure what your point is.
>Sowell talked about the CRA and was proven wrong by multiple studies, like this one, which has a section dedicated to how the CRA wasn't a problem: https://www.responsiblelending.org/mortgage-lending/research....
So you agree the document you linked doesn't disprove what the other poster said? No one has brought up the 2018 housing crisis.
No he didn't, what are you talking about? Just because he mentioned foreclosures means he meant the CRA caused the 2008 housing crisis? No one was talking about it, you just brought it up out of no where.
His statement had NOTHING to do with the housing crisis, the only link between them seems to be "both involve foreclosures, so if I prove CRA did not cause the crisis I will prove his other statement is also incorrect... Because they both have the word 'foreclose' in them"
The OP brought up that Sowell said that anti discrimination legislation increased defaulting and bankruptcy. Thomas Sowell literally wrote an entire article blaming CRA about 10 years ago. I brought up how Sowell is wrong because studies show that he is wrong.
He was wrong and/or misleading about everything he said in this article. Maybe you should apply the same suspicion to someone like Sowell instead.