Housing Market: The Gathering of the Fed

"One does not just raise rates at the Fed...."

Economic pundits, analysts, bloggers, and traders are awaiting the results of Ben Bernanke's Federal Reserve meeting with bated breath....ok, no, not really. The general market expectation is more of the same. It's important to have such decisive leadership and strong policy decisions, especially in light of the fact that consumers are getting less and less confident as housing sales plummet while gas prices rise.

Why do I get the feeling that Bernanke spends most of his days at his desk saying stuff like, "Greenspan, what a mess you've left me with..."

Here's a great editorial extolling the virtues of inclusionary housing. This trend, along with its sibling "workforce housing," may be the spearheads we need to build affordable, mixed-income housing that will reenergize middle-class buyers and get them back into the post-bubble market.

I don't know what's funnier--the idea that this proposal is causing homebuilders to cry like babies, or that it namechecks Montgomery County, currently the nemesis of predatory lenders everywhere.

Posted at March 27, 2006 05:34 PM

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"One does not just raise rates at the Fed...." Economic pundits, analysts, bloggers, and traders are awaiting the results of Ben Bernanke's Federal Reserve meeting with bated breath....ok, no, not really. The general market expectation is more of the same. It's important to have such decisive leadership and strong policy decisions, especially in light of the fact that consumers are getting less and less confident as housing sales plummet while gas prices rise. Why do I get the feeling that Bernanke spends most of his days at his desk saying stuff like, "Greenspan, what a mess you've left me with..." Here's a great editorial extolling the virtues of inclusionary housing. This trend, along with its sibling "workforce housing," may be the spearheads we need to build affordable, mixed-income housing that will reenergize middle-class buyers and get them back into the post-bubble market. I don't know what's funnier--the idea that this proposal is causing homebuilders to cry like babies, or that it namechecks Montgomery County, currently the nemesis of predatory lenders everywhere.