[quote=CA renter]…..When credit expands, prices rise, and DEBT rises. Why would anybody ever want that? (If they are asset holders, I understand; but their gain is somebody else’s loss/debt.) This is NOT a good or sustainable outcome in the long run.[/quote]
Good words, CA renter.
But don’t forget briansd (or his family) has extensive property holdings. Lower home prices (that wold be caused by tight credit, as you correctly point out) wouldn’t be good for him.
People’s public policy advocacy tends to be closely aligned with their personal interests.
