Re:Nearly 12M Square Feet of Vacant Office Space in S.F
by slickrick216 on Sunday October 25, 2020 @08:50PM
(#24891689)
Because after 2008 the fed became one of the largest landowners in the country and by proxy have a vested interest in propping it up.
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Re:Nearly 12M Square Feet of Vacant Office Space in S.F
by culopatin on Sunday October 25, 2020 @09:07PM
(#24891817)
The Fed as in the Federal Reserve you mean? Do you have a source? I think you may be confusing things.
Re:Nearly 12M Square Feet of Vacant Office Space in S.F
by dredmorbius on Sunday October 25, 2020 @10:21PM
(#24892266)
The US Federal Reseve holds about 30% of all US mortgages:
https://www.bloomberg.com/news/articles/2020-09-01/fed-s-mor...
Though I'd dispute that the Fed cares particularly about their valuation. The Fed's dual mandates are inflation and unemployment, not balance sheet returns.