>any intervention by the government to make housing more accessible, just gets priced in pretty quickly, removing the benefit. If a large number of mortgages f

>any intervention by the government to make housing more accessible, just gets priced in pretty quickly, removing the benefit. If a large number of mortgages forclosed without the fed this would put a hell of a lot of downward pressure on prices. Economic carnage style. That hot market. It's getting pretty cold. Does that make houses more affordable for those frozen out? Or are they now unemployed with the zero intevention and/or unable to get a loan in that cold market making the benefit from the carnage nothing? Whether it's the right thing to do for the overall economy and all in it, keeping house prices up is clearly something the boomers want so they can keep their very large gains from having got in early. Younger generations may look at this and see more than simple coincidence.