Warren supporters resurface 2004 interview where she predicted housing crisis
Posted on AllSides May 7th, 2019
From The Center
A 15-year-old video of Sen. Elizabeth Warren predicting the collapse of housing markets is going viral among the presidential candidate’s supporters.
"[Then-Federal Reserve Chair] Alan Greenspan, our national economic leader, stood up for the last 4 years and told Americans 'borrow against your house,’” Warren, then a professor at Harvard Law School, says in the 2004 clip. “What frightens me is millions of Americans have taken that advice."
Warren’s interviewer responded “The houses around me are rising in price. It makes sense that I should be able to harness...