Fannie Mae and Freddie Mac - Privatize Again?

[Axtremus]

https://www.mpamag.com/us/news/general/fannie-mae-freddie-mac-board-overhaul-fuels-talk-of-privatization/529564

Speculation that the Trump administration may privatize Fannie Mae and Freddie Mac again?

What say you? Regardless of whether it's the Trump administration, should Fannie Mae and Freddie Mac be made private again?

[jon-nyc]

We should eliminate most zoning laws and make building housing as easy as building TVs. Then we don’t need massive demand subsidies at all.

[LuFins Dad]

@jon-nyc said in Fannie Mae and Freddie Mac - Privatize Again?:

We should eliminate most zoning laws and make building housing as easy as building TVs. Then we don’t need massive demand subsidies at all.

Zoning laws have been changing on the local levels, but only for the sake of building these new lifestyle developments where the developers create beautiful high end outdoor shopping areas and build apartments and townhouses into the development. The idea is that you walk out of your front door and across the street to a bougie gastropub. The problem is that these are EXTREMELY expensive and are all rental properties with no building of equity.

[Jolly]

You will own nothing and you will like it.

[Jolly]

@jon-nyc said in Fannie Mae and Freddie Mac - Privatize Again?:

We should eliminate most zoning laws and make building housing as easy as building TVs. Then we don’t need massive demand subsidies at all.

Channeling Sowell this morning?

[jon-nyc]

And most every other economist.

[Jolly]

Don't pay much attention to most economists. They're wrong about so much..