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[littlejohn]

80% Drop in home ownership affordability since 2020...

https://stocktwits.com/Rcx2017/message/567832200

That is like, like 20% annual rate,

which is touch above FED target

of 2% inflation...

Guess what drops to help get more

folks able to buy homes?...

FED lowering rates won't help expand

number of people able to buy homes...

So the top came two years ago in

prices and folks have it on ignore...

That is why the FED set up what has

the appearance of an off book account

to move troubled loans from banks to

a FED hold account to move the banks

to a better REG rating on loans held...

There is a line of banks waiting for the

FED to move loans off book for them...


So we watch...LJ