Guillaume Fromentin @Renoi974: "••• People love blaming one..."

Reunion Island

••• People love blaming one political party for housing becoming unaffordable. But the long-term numbers tell a much more uncomfortable story. Under Republican presidents, U.S. housing prices rose roughly 386%. Under Democratic presidents, they rose about 371%. That's a surprisingly small gap considering how aggressively both sides blame each other for the housing crisis. And it reveals something important: Housing inflation is much bigger than politics alone. Presidents don't directly control: • zoning laws • local housing supply • construction costs • mortgage rates • demographic demand • land scarcity Those forces usually matter far more over long periods. For decades America underbuilt housing in many major cities while population, incomes, and investment demand kept rising. Then ultra-low interest rates after 2008 pushed prices even higher by making borrowing incredibly cheap. Cheap money changed everything. Investors bought homes. Institutions entered the housing market. Monthly payments stayed manageable even as prices exploded. Then rates surged. And suddenly affordability collapsed despite prices staying elevated. That's why today's housing crisis exists under both parties. Because the underlying problem built up slowly across multiple administrations, economic cycles, and Federal Reserve policies over decades. The reality most people don't want to hear is this: Housing became financialized. Homes stopped being viewed purely as shelter and increasingly became investment assets. Once that happened, prices started behaving differently. And now an entire generation is dealing with the consequences. $SPX500 $ARR (ARMOUR Residential REIT Inc) $AGNC (AGNC Investment Corp) $ORC (Orchid Island Ca) $SCM (Stellus Capital Investment Corporation) Source: Federal Reserve Economic Data www.facebook.com/share/v/1CNE78o9zZ/?mibextid=wwXIfr

Not investment advice. The author may have financial interests in the mentioned instruments.