The New CS Board

[jumanji0881]

Here's a big reason for the Fed created housing shortage -

My Comment : The Fed practically gave houses away to Blackstone when the 2008 mortgage bubble burst. Now there is little to no inventory ...Blackstone has it all.

After Cornering Rentals, Blackstone Is Now Going After Student Dorms : https://www.zerohedge.com/markets/after-cornering-rentals-blackstone-now-going-after-student-dorms

Excerpt:
For much of the past decade, private equity giant Blackstone, which at last check had $684 billion in AUM, was the single largest institutional landlord in the US, and according to some, the "largest owner of real estate in the world." Then a few years ago, Blackstone lost that designation when it comes to residential housing (it remains the largest commercial landlord by a wide margin); however the recent explosion in home prices and rents has prompted the Wall Street firm to double down its efforts to recover the title of undisputed landlord champion, and in June the firm announced its latest transaction (funded by ultra cheap debt courtesy of the Fed) when it purchased Home Partners of America, which owns more than 17,000 houses throughout the US, for $6 billion