A propos the housing bubble

Steve Sailer again delivers some discomforting data.

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After treating the data to a careful analysis and a careful discussion of the causal links between the mortgage blow-up and the recent depression, Sailer says:

The more I look at the recent studies, the more I keep coming back to my initial reaction: Diversity, in the multiple meanings we assign that term, played a major role in the Recent Economic Unpleasantness. You might think that knowing this would be relevant to immigration policy, but that just shows you are a bad person.