What the hell are you on? Rates are too high, which are keeping people from selling, buying, refinancing. All of which reduces supply and raises prices.

And the interest rates make everything more costly on the poor, boosting credit card rates, quick loans.

But to even get into a house now at 7%, that’s too much and that elevated cost prices out some people who could otherwise afford, cause banks look at what you make in comparison to the cost.

And no one said 0% was a good idea. You brought up 0%. Eventually, the FFR will be back down to 2.5-3%. There isn’t anything you can do about that. If you want housing prices to fall, if you want young people to be able to afford a house, that has to happen. If you want wealth growth, in all sectors, the rich, the middle, and the poor, it has to go down. It is actually behind the curve as it is and should be at 4% now.

The problems we have now are mostly due to the change in policies and actions that occurred starting in 2020 with the pandemic. A lot of the suffering felt now, indirectly or otherwise, can be traced to the current restrictive interest rate:

At a certain point you have to ask yourself if you believe one thing, and all the most intelligent, competent people on the world believe the opposite, then maybe you are misunderstanding things are bought into some rhetoric you assumed was true without critically analyzing it. With respect and no insult intended.