It isn't a left or right issue, its a reality issue. We in the USA do not have a free market, where prices are determined by market forces. Whether or not thi

It isn't a left or right issue, its a reality issue. We in the USA do not have a free market, where prices are determined by market forces. Whether or not this is a good or bad thing is a completely different debate. The FED does not hide the fact that it buys MBS (mortgage backed securities) to prop up the housing market. This is the opposite of a free market (and only one of many ways the market is controlled). This isn't up for debate among members of the reality-based community. https://www.newyorkfed.org/markets/ambs/ambs_faq.html https://www.newyorkfed.org/markets/ambs/ambs_faq.html >The Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to purchase additional MBS and longer-term Treasury securities (see http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm http://www.federalreserve.gov/monetarypolicy/fomccalendars.h... for the most recent FOMC statement). The FOMC also directed the Desk to maintain its existing policies of reinvesting principal payments from the Federal Reserve’s holdings of agency debt and agency MBS in agency MBS and of rolling over maturing Treasury securities at auction. The FOMC noted that these actions should put downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative.