The Federal Reserve has turned housing into its private playground, holding trillions in mortgage-backed securities with no legal authority to do so. Every dollar it pumps into the market inflates prices, erodes real ownership, and turns homes into instruments of policy rather than shelter. If this escalates into a “housing emergency,” the next step could be trillions spent buying actual houses, transferring entire neighborhoods into the hands of central planners. The consequences are profound: property markets lose transparency, middle-class wealth evaporates, and political backlash will be unavoidable.
Show me in the charter. Show me in the mandate.
Where the Fed is legally authorized to own mortgages???
But here we are 17 F**king years later.
Next stop, “housing emergency” Fed or UST or Trump Housing Authority buys actual houses in the TRILLIONS.
May God have mercy on…
— Laziest of Dans (@LaziestofDans) September 3, 2025
Nearly 15 million homes in the United States are vacant.
A new LendingTree analysis found that there are 14.9 million vacant homes across the U.S., with two of the top three states for vacancy rates located in New England. pic.twitter.com/s7DCIDkOZJ
— Darth Powell (@VladTheInflator) September 2, 2025