Maybe those Americans, like you were saying, who already have $500,000, a million dollars in the bank, as opposed to the younger Americans who are still building their wealth.

Yeah, you know, I think we're gonna have to do something because the young people are what, 20, 30% of the population, but 100% of the future.

I kind of like that saying.

So if we're burdening our younger generation with all this student loan debt, you know, they were told to go to college, they did what they were supposed to, but now they got all this debt.

You're expecting to pay 800 grand for a house.

I mean, it's just is it smart for us for our future to be burdening an entire generation with these kind of debts? I would say it's economically very, very unwise.

So I think the way we approach this is we can talk to people about their own children.

Is there any way to square those two circles? Is there a way to make it so that, yes, the products that Americans have grown to know and love are still relatively cheap and we can afford housing and healthcare? Or is this a question of you have to pick one or the other to be more affordable?

Maybe those Americans, like you were saying, who already have $500,000, a million dollars in the bank, as opposed to the younger Americans who are still building their wealth.

Yeah, you know, I think we're gonna have to do something because the young people are what, 20, 30% of the population, but 100% of the future.

I kind of like that saying.

So if we're burdening our younger generation with all this student loan debt, you know, they were told to go to college, they did what they were supposed to, but now they got all this debt.

You're expecting to pay 800 grand for a house.

I mean, it's just is it smart for us for our future to be burdening an entire generation with these kind of debts? I would say it's economically very, very unwise.

So I think the way we approach this is we can talk to people about their own children.

Is there any way to square those two circles? Is there a way to make it so that, yes, the products that Americans have grown to know and love are still relatively cheap and we can afford housing and healthcare? Or is this a question of you have to pick one or the other to be more affordable?

What would this mean for the housing market? How much would this release into the country for people to purchase?

Sure.

So the proposals that are being discussed right now and those that have been talked about by President Trump and the director of the Federal Housing Finance Agency involve kind of what you might consider a partial release from conservatorship.

So the implicit guarantee would remain.

However, the GSEs would be opened up to an IPO, so you would have some public investment in there.

And so the idea is to get some more money in there in order to help, uh, increase liquidity and the mortgage markets, uh, and, uh, you know, make more housing available for the average American.

So that is the proposal that's under discussion.

Could it potentially get through Congress?

Could it potentially get through Congress?

Um, you know, it will depend on the details.

Uh, Congress will not want to do, um, something that they consider to be too big of a change from the status quo, but if it can be messaged and talked about as a way to get first-time homebuyers, um, easier access to, uh, housing, I think that is something they might consider.

Um, there are other data points we have to look at here, which is that if mortgage credit is expanded too rapidly sometimes, what you see is that that expanded credit goes into higher prices, because you increase the buying power of the average person, which means more people looking at the same amount of housing, which means that you have more demand, which means that you have prices going up.

Uh, so we sometimes we see this, uh, effect of, uh, easing credit going into higher prices.

You see this with student loans.

The more the government backs student loans, the more college tuition gets expensive, and so we do see some adverse effects here.

Why haven't other presidents done anything about it?