Commentary

NYT series on the housing crisis

The New York Times has an extraordinary and useful series of articles on the housing and financial crisis. It will likely become a core reference point for news and reporting on this issue, and no one is spared from their analysis, including lenders, financial regulators, White House policies, Alan Greenspan, New York Sen. Charles Schumer, former HUD secretary Henry Cisneros, Wall Street financial houses, and others.

Samuel R. Staley, Ph.D. is a senior research fellow at Reason Foundation and managing director of the DeVoe L. Moore Center at Florida State University in Tallahassee where he teaches graduate and undergraduate courses in urban planning, regulation, and urban economics. Prior to joining Florida State, Staley was director of urban growth and land-use policy for Reason Foundation where he helped establish its urban policy program in 1997.