Stefan Molyneux on Twitter: "The 2008 housing crash was also driven by poor people desperate to buy homes in wealthier neighborhoods in order to get their kids out of terrible local government schools."

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1. Barry Orwick‏ @barry_orwick Sep 5
  
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  Replying to @StefanMolyneux
  
  It was mostly driven in my area by mid income families trying to impress by buying houses they couldn't afford when the payments escalated. Then they applied for gov't help.But they speak out about welfare and socialism.
  
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1. Andrej ‏ @zombeatle Sep 5
  
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  “terrible local government schools” is just a euphemism for the monolithic ‘diversity’ found therein.
  
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1. James “Jim” Trafficant‏ @me_borne_free Sep 5
  
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  No, it was caused by banksters, politicians and lawyers.
  
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1. Blake C Mann‏ @Blake_C_Mann Sep 5
  
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  No, not really!
  
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1. FiveBears‏ @FiveBears Sep 5
  
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  And the coming NZ property crash?
  
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1. KayBDay‏ @IndieArtSouth Sep 5
  
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  I'd bet some of it was also driven by fraud. People buying, taking out equity accounts, and then taking off.
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1. Fair_Tax‏ @Fair_Tax Sep 5
  
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  Government intervention!!’
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1. Jeremy Parker‏ @FAHayek1977 Sep 5
  
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  Truth.
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1. Managing Life’s Risks, CEBS‏ @ManageMyRisks Sep 5
  
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  And...
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1. Air_Raid_Siren‏ @RaidSiren Sep 5
  
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  Replying to @StefanMolyneux
  
  ...and get their kids away from diversity.
  
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1. Pablo‏ @GoyForceOne Sep 5
  
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  Thats a funny way of spelling [democrat] majority schools.
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1. ElKabong‏ @ElKabbong Sep 5
  
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  Replying to @StefanMolyneux
  
  The Big Short is a great movie that illustrates the whole credit default swap thing very well.
  
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1. EnergyPro52 (Dividend King)‏ @EPro52 Sep 5
  
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  Diversity :)
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1. John Black‏ @xxJohnBlackxx Sep 5
  
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  It was actually more about the elites putting nonwhites into white neighborhoods they couldn't afford to live in.
  
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1. Jo‏ @jmommi Sep 5
  
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  Well, at least one.
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1. Frank B ‏ @frankNJFLA Sep 5
  
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  Replying to @StefanMolyneux
  
  I know real estate people that had clients using unemployment checks for income verification.
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