Comment Detail
Date: 08/21/21 First Name: Mark Last Name: Hu Organization: Individual City: N/A State: N/A Attachment: N/A Number: RIN-2590-AB12 Comment
The houses are so expensive because of Fed Reserve loose monetary policy and local zoning laws.
GSEs cannot help much. In any case, let GSEs do it in scientific way, rather than pollical way. The 2008 crisis was mainly caused by gov housing affordability policy. Yet GSEs were blamed by government and big banks.
BTW, Treasury needs to return STOLEN money to GSEs. More capital is better.