Heather Long

And there's a lot of anxiousness about the job situation right now.

Well, there's two ways to look at this.

The good news is President Trump is really turning his attention to housing affordability.

And we desperately in this country need more housing supply and we need more plans for how to make housing more affordable.

You know, the more not as encouraging news is a lot of the things that have been floated or tried so far are pretty small potatoes.

And you mentioned this $200 million buying of mortgage-backed securities.

Is that going to drive down

Mortgage rates below 6%, which is where everybody really wants to be again.

5.89 would be the best, wonderful, feel like a real gift.

And no, it's not.

It's not.

And the same thing when you go back to the 50-year mortgage idea.

Not a great solution for the bigger problems that we have right now.

He also suggested this week the idea of preventing buying the Black Rocks and the big companies from buying up homes, trying to prevent investment buyers.

Again, these are all very small potatoes.

What we really need is ideas to stimulate more housing and reform our zoning codes.

Thanks, Amy.

Yeah, it almost feels foggier than it did a week ago.

I've been sort of comparing it to that fairy tale.

The emperor has no clothes.