I argue that centrals banks are a monopoly that artificially manipulate interest rates in the favor of banks. Low interest rates drive up home prices as people

I argue that centrals banks are a monopoly that artificially manipulate interest rates in the favor of banks. Low interest rates drive up home prices as people can borrow more with the same monthly payment. High house prices hurts first time home buyers younger generations the most. Older generation do not need to loan to buy a home as much as the have enjoyed price gain on their homes. This is a form of generation inequality. Parents who have children will have to think how the will afford home purchases with negative interest rates.