CSPAN2 Key Capitol Hill Hearings October 18, 2013
We now have about 1. 4 trillion in mortgages on their own Balance Sheet. Making the fed as i previously said the Worlds Largest savings and loan. The feds goal is to push house prices higher, and in my view, they have no overachieved. I want to look at house prices in a much longer perspective. I hope you can see some of his chart. This is a 60 year history that goes from 19532015. Its a slight of the Consumer Price index versus average u. S. House prices, both indexed to 1953 equal 100. What you can immediately see if you cant read numbers is that there is an extremely strong correlation and ...