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Alias Born | 12/28/2008 |
Wednesday, April 17, 2024 9:24:50 AM
I could see this turning into a AMC reddit movement and force the gov't's hand to release the gse's.
YES YES
I have argues such for months and years - to each President
IMO Reality is F and F (free) do not have the biggest stick in reducing cost of mortgages-period
But as noted before a SPLASH - GOV will not charge its usual FEE - no fee - suspended for one year - to LOWER cost to almost every buyer would IMO stimulate activity and be a super PR win
I will say ---- I 100% disagree that F and F being in conservatorship has LED TO THIS HOUSING Crisis --- that is the FED and a free market where - without some GOV hand out - builders will never build lower cost-price houses when they can maker more money in a free market by building higher cost - price homes - for which there is still a huge market. This is not GREED this is Fair Market Capitalism. Those of us who lean left - inside democracy and free markets - would LOVE to see GOV hand outs - help to those builders (but that action will be called Socialism or Communism and those not getting help will bitch "THEY THEY" (immigrants - minorities - lazy - patronage) get it all - even when designed say on a lottery !!!
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