Fed Raising Rates Isn't Working for the Housing Market
Americans very recently learned that the Central Intelligence Agency (CIA) may have quite literally assassinated an American President because he wanted to get rid of the Federal Reserve (Fed). This isn't some flight of fancy or a fictional story. Documents released show that the CIA was directly involved in the assassination of JFK, and the reason may have very well been that Kennedy planned to get America out from under the control of unelected bureaucrats. Whether you believe that to be true or not, you should know that the Fed has been in control of inflation for generations in America. Every time you pay $5 for a dozen eggs, and a week's salary just to travel to work, know that it's the Fed that printed trillions of dollars, and it's the Fed now tinkering with raising and lowering interest rates that is controlling 100% of inflation. This is also affecting the housing market.
Americans now know that it's not the greedy small business owner or the crooked gas stations causing these spikes in prices, like Joe Biden loves to stand up on stage and tell people. Whatever is happening in America in recent months, more and more truth is coming out. Pfizer has admitted to knowing vaccines did not grant prevention of COVID and also that they knew their shots caused blood clots. Journalists go live on air to admit that Joe Biden has been lying about the economy for two years. And the truth has come out about the fed and how it has acted for a long time.
How is the Fed affecting the housing market, exactly? For starters, inflation that was caused by printing trillion of dollars in un-backed US currency contributed to a housing crisis where there was a housing shortage alongside the highest home prices ever in history. Add to that the fact that mortgage lenders were clinging tightly to home loans, and you have a recipe for disaster. The bulk of this was caused specifically by the Fed, and now the Fed claims that it will continue to raise rates throughout the entire year of 2023, in order to help get inflation (and thus the housing market) under control.
This should be taken as bad news for everyone in America. The Fed, from its own mouth, outright states that it may have to force people to be unemployed and to force interest rates to become so high that people can no longer afford to make payments. Why is this the case? It's because the Fed doesn't want people spending all of that un-backed money that they printed, because they've admitted that they alone caused the inflation crisis, and now they need to make Americans suffer more in order to end it. The Fed is doing all of this, and not a single member has been brought up on charges or before a Congressional hearing to answer for it. None of the politicians supporting the Fed's actions have even come under scrutiny.
There can possibly be a housing collapse in 2023, with homes too expensive for anyone to buy unless they're rich, and the Fed outright states that it is going to intentionally make things worse in order for things to get better.
The United States of America would wage a literal war against a sovereign nation if they were doing this to the American people; but because it's the Fed, few have a single word to say.
Predictions Are All Over the Place
The Fed is objectively the most responsible for the housing situation, but they're not solely responsible. Banks and other lenders aren't helping the American people at all. The government turns a blind eye to multinational, trillion-dollar corporations like BlackRock purchasing up most available real estate. The fact is that the average American person seeking to purchase a home is up against a lot here, and so no one really knows how things are going to pan out in the long term.
Some predictions have the entire market collapsing in 2023. Others have it getting a little bit better because they believe inflation will finally ease up. So, what's the truth about what the housing market is going to do in 2023? The truth is that no one really knows. There aren't any programs in place to specifically save the market, which is odd considering it just crashed in late 2008 and there should be some fail-safes in place. As a homeowner, you are on your own.
The housing market is going to be in flux in 2023, and there are some forces out there planning to intentionally make it harder on Americans.