Fannie Mae-No Politics (FNMA)

[HoldenWalker99]

The 30-year mortgage causes housing to be more expensive; same with the interest deduction. Both increase housing demand and, with no increase in supply, prices increase. You could argue that they make housing more accessible, bot not affordable.

Of course, ending one or both immediately would cause a housing crisis with which no one wants to deal. So it's up to FHFA and Congress to figure out a phased, sustainable solution.