And affordability is just a huge issue, both in rental properties and in mortgages, so anything that we can do to be helpful in that space, we will certainly take those steps.
Bill Foster: “And affordability is just a huge issue, both in rental properties and in mortgages, so anything that we can do to be…”
Editor's note · Context
Foster emphasizes the importance of addressing affordability in housing.
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Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.
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While the Presidency is often the focus of political pronouncements about macroeconomic conditions, there is no question that it undersells the importance and the independence of the work of the Federal Reserve Board.
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