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In a similar vein, Jason Moser emphasizes the necessity of maintaining a degree of regulation, particularly in the context of banks' roles within the larger economy. He reflects on the inflated nature of the housing market along with the significant burden of student debt on younger generations, which could influence their financial capacity moving forward.
Moser also underscores the heightened scrutiny that borrowers face today compared to the pre-crisis era, sharing his personal experiences of securing a mortgage, which reveal a stark contrast in lending practices between then and now.