“Capital Crunch” and the U.S. Housing Supply Crisis (with Laurel Kilgour)

For decades the amount of small homebuilders in the United States has been dwindling. One reason is the shuttering of local financial networks. Today on Second Request, Executive Editor Teddy Downey sits down with Laurel Kilgour Policy Director at the American Economic Liberties Project (AELP) to discuss the findings of Kilgour's recent report Capital Crunch: How the Fall of Local Finance and the Rise of Shareholder Primacy Warped Single-Family Homebuilding in America — And What to Do About It. 

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Read Laurel Kilgour's paper here.