[quote=CA renter]It is strange how everyone seemed to agree that the credit/housing bubble that brought us to our knees in 2008 was the consequence of holding interest rates too low for too long.[/quote]
Don’t think that is true. Most people seem to agree that the 2008 housing bubble was caused by lax lending standards, not by holding interest rates too low for too long. There’s a big difference between those two things.
