The Fed is responsible for QE, including about two Trillion in purchases of Mortgage-Backed Securities [0], which has the effect of making housing more expensiv

The Fed is responsible for QE, including about two Trillion in purchases of Mortgage-Backed Securities [0], which has the effect of making housing more expensive than it would otherwise be. If you're a home owner or debt owner, that's good for you. If you pay rent or a mortage, that's wage suppression. [0] https://fred.stlouisfed.org/series/MBST https://fred.stlouisfed.org/series/MBST