“We are told that the housing recovery is strong. Then why is the best-performing new home building stock losing money? The Federal Reserve is buying about $40 billion worth of Fannie Mae and Freddie Mac bonds every month in order to sustain the present housing recovery. How is this market going to be sustained when the Federal Reserve finally stops creating half a trillion dollars a year worth of fiat money in order to goose the housing market? This is clearly the most manipulated market in the history of the United States. Bernanke and his associates have decided that it is the Federal Reserve’s job is to subsidize housing in the United States.”
http://teapartyeconomist.com/2013/03/22/housing-addicted-to-fiat-money/
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