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> and yet the Fed still wasn't happy with the housing supply. Why would this be a Fed concern at all ? At most they can affect the demand side
by foogazi 4y ago
> and yet the Fed still wasn't happy with the housing supply.
Why would this be a Fed concern at all ?
At most they can affect the demand side
- thr0wawayf00 4y agoFrom the article: "It's clear that Powell hopes the housing cooldown caused by rising mortgage rates will help to push inventory levels up. " The Fed wants housing prices to fall and is hoping this will bolster housing supply in the short term since building inventory takes a lot of time.