Franklin Raines — American Businessman born on January 14, 1949,

Franklin Delano "Frank" Raines is an American business executive. He is the former chairman and chief executive officer of the Federal National Mortgage Association, commonly known as Fannie Mae, who served as White House budget director under President Bill Clinton. His role leading Fannie Mae has come under scrutiny... (wikipedia)

That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping track of this.
The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.
And so the danger for the housing industry is if we see interest rates rise.
So from the housing standpoint, steady as you go, I think, would be the best medicine.
Well, I think the best form would be to put money directly in the pockets of consumers.

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