Hacker News new | ask | show | jobs
by kiba 1599 days ago
It didn't really fix Americans' fundamentally dysfunctional relationship with housing.

Now we live in an economy with asset inflation, and everyone's going "housing market is robust" as if that's a good thing.

Sure, it doesn't 'hurt', but we're leaving huge amount of money on the table.

1 comments

90% of the reason for that is fiscal policy, not monetary. Neither the Fed nor Satoshi can make houses get built faster.