# Professor Lawrence White is quoted in a story on government involvement in the housing market

1 Faculty News May 15, 2019 ![Australian Financial Review logo](/sites/default/files/styles/246w/public/assets/images/con_031073.jpg?itok=ouTCQlql)>

Excerpt from the [Australian Financial Review](https://www.afr.com/news/politics/national/the-first-step-down-fannie-and-freddie-s-path-20190515-p51ni3) -- "'Once you go down this road it’s clear it’s hard to pull back,' says [Lawrence J. White](https://www.stern.nyu.edu/faculty/bio/lawrence-white), professor of economics at New York University Stern School of Business, and a specialist in financial regulation and bank behaviour."

[Read more](https://www.afr.com/news/politics/national/the-first-step-down-fannie-and-freddie-s-path-20190515-p51ni3)