[Beestie]

Eliminating Fannie and Freddie would constrain the funds available for mortgage loans and prices would skyrocket.

Until about 20 years ago, both were great and valuable institutions. Long story.

Shutting them down would be a catastrophic disaster to housing affordability.

[xnx]

> Eliminating Fannie and Freddie would constrain the funds available for mortgage loans and prices would skyrocket

Wouldn't less mortgage money available for homes make the prices of homes drop?

[stogot]

Even if: If people can’t get a loan, then the only ones who can afford to buy a discounted home are the wealthy. Now you have two proboems