What does it mean?

Maybe it means the @federalreserve's ZIRP & QE policies made houses unaffordable for most people, except hedge fund managers, foreign money launderers, desperate well-off yield-seekers, Blackstone, and overpaid Fed staffers. https://twitter.com/FreddieMacSF/status/1164591888319614976

"Over the past 10 months, Bei Qin, a realtor in Silicon Valley, CA, has not had any clients from China, a market that used to be her major source of business..."We had the best business in 2016 & 2017. Every day, we had inquiries from Chinese buyers"" http://global.chinadaily.com.cn/a/201911/11/WS5dc8bd4ca310cf3e355768a5.html

"The Great Wall Street Housing Grab

Hundreds of thousands of single-family homes are now in the hands of giant companies — squeezing renters for revenue and putting the American dream even further out of reach."

#FedHistory #MissionAccomplished http://archive.fo/wTRBR 

"Rather than protecting communities and making it easy for homeowners to restructure bad mortgages or repair their credit after succumbing to predatory loans, the government facilitated the transfer of wealth from people to private-equity firms."

Sickening.

"Young Homebuyers Are Vanishing From the U.S."

“Housing affordability is so difficult today, especially when coupled with rising rents and student loan debt...”

Good thing there's no inflation! @federalreserve

https://web.archive.org/web/20191110011851/https://www.bloomberg.com/news/articles/2019-11-08/young-homebuyers-vanish-from-u-s-as-median-purchasing-age-jumps