Why does the US government buy mortgage debt, repackage it, and sell it to bond holders? So the banks are always flush with cash and lending money. Why would the government do this? To make sure there is always cash on the table for someone to bid higher for properties.
Government officials say they want lower housing costs. But, the government is manipulating prices higher by buying mortgages in bulk and regulating home builders into under building.
The entire system is to built to pump asset holders and fuck everyone else. This is a centrally planned economy(via the Fed). We are living in a communist society. This is why people are struggling.
