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I'm convinced the Federal Reserve wants to crash a housing. Not only did Jerome Powell say this in May if you're a home buyer, you need a bit of a reset, but just this morning one of the Federal Reserve banking presidents came out and suggested that oh well, we might have to raise rates more if housing starts coming up and you know we saw that piece in the Wall Street Journal. You know the Wall Street Journal Yesterday had a report that the housing market is starting to show signs of life again and you're right. it does make our jobs harder to bring the economy into balance.
All of this suggests that the Federal Reserve wants to see rates a higher and we know what happens when rates go up. As rates go up for housing prices come down.