[cpkpad]

Ain't gonna happen.

It's a long chain of logic, but fractional reserve banking, at the levels we're seeing, prevents it.

Most of our money supply is created through debt. As a result, housing is bought through debt rather than owned. The competition for better homes drives prices astronomical. The only way to actually get affordable housing is to either move people where there is no competition (e.g. desert of Arizona), or to reduce reserve limits.

Fractional reserve banking generates trillions for big banks, and the electorate doesn't get it. It's not going away.

[lordCarbonFiber]

I implore you to take some time and read at least one or two credible papers on the subject, because your understanding of fractional reserve banking is frankly too misinformed to unpack in the space of a forum comment. Suffice it to say I've certainly never seen any indication that removing easy availability of credit results in positive outcomes for the classes who already lack in capital. I'll include some links for you to get started at the bottom.

What can be addressed is the concept of affordable housing. Housing, to a certain degree follows a pretty tight supply and demand curve; put simply if you want affordable housing, pressure your local government to green light permits to build affordable housing[2].

[0]https://en.wikipedia.org/wiki/Fractional-reserve_banking [1]https://en.wikipedia.org/wiki/Credit_theory_of_money [2]http://www.wsj.com/articles/u-s-cities-see-apartment-rents-f...