1. Manipulates interest rates directly affecting house prices
2. Changes tax rates depending on housing (mortgage interest)
3. Buys mortgages
4. Zones areas which can restrict or increase supply based on policy.
Yes, if they didn’t do any of these, people wouldn’t blame government policy and we’d see what a functioning market results in.
1. Manipulates interest rates directly affecting house prices
2. Changes tax rates depending on housing (mortgage interest)
3. Buys mortgages
4. Zones areas which can restrict or increase supply based on policy.
Yes, if they didn’t do any of these, people wouldn’t blame government policy and we’d see what a functioning market results in.