(BNET) — Although reckless lending, lax government regulation and overbuilding are recognized as major causes of the foreclosure epidemic racking the U.S. housing market, another — and largely overlooked — factor also played a key role: race. That’s the conclusion of Princeton University sociologist Douglas Massey and research associate Jacob Rugh, who in a new study found that racial segregation and discriminatory lending made U.S. minorities “uniquely vulnerable” to the housing bust
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