Kaoboy Musings

Kaoboy Musings

Re: Fannie/Freddie-The Path Is Actually Clearer NOW.

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Michael Kao
Jan 18, 2021
∙ Paid

On its face, this claim may sound ludicrous off the back of a precipitous drop in valuations due to what some interpret as SM losing his nerve and punting to a hostile Admin. In this thread, I posit the exact opposite.

First, the economic realities: 1) GSEs are the bedrock behind our housing market which in turn is the bedrock behind our economy, 2) afte…

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