I don't care about the price of eggs--or even the price of cars.I care about the fact that I have waited and saved all my (single) working life to buy a little (emphasis on "little") house for retirement, and now I find that I am competing against an entire generation of younger folks who want the same thing.  Only guess what?  There aren't any little houses to buy.The severe shortage in housing inventory in the U.S. has reached crisis proportions, partly (as I have read) due to the Fed's somewhat artificial "necessity" of keeping interest rates so low for so long over the past decade until oops, here comes raging inflation; and two, corporate investors swooping in during that time to buy up nearly 20 percent of our single family housing stock.  Adding to the fun is that now of course, anyone who bought a house at 3.5 percent is hardly going to move to take on a 6.5 or 7 percent mortgage.Don't get me started on how the Fed expects the middle class to pay $700 more in mortgage payments so it can "bring inflation down."<a href="https://tradingeconomics.com/united-states/total-housing-inventory" target="_blank">https://tradingeconomics.com/united-states/total-housing-inventory</a><a href="https://www.npr.org/2022/07/14/1109345201/theres-a-massive-housing-shortage-across-the-u-s-heres-how-bad-it-is-where-you-l" target="_blank">https://www.npr.org/2022/07/14/1109345201/theres-a-massive-housing-shortage-across-the-u-s-heres-how-bad-it-is-where-you-l</a>

I don't care about the price of eggs--or even the price of cars.I care about the fact that I have waited and saved all my (single) working life to buy a little (emphasis on "little") house for retirement, and now I find that I am competing against an entire generation of younger folks who want the same thing.  Only guess what?  There aren't any little houses to buy.The severe shortage in housing inventory in the U.S. has reached crisis proportions, partly (as I have read) due to the Fed's somewhat artificial "necessity" of keeping interest rates so low for so long over the past decade until oops, here comes raging inflation; and two, corporate investors swooping in during that time to buy up nearly 20 percent of our single family housing stock.  Adding to the fun is that now of course, anyone who bought a house at 3.5 percent is hardly going to move to take on a 6.5 or 7 percent mortgage.Don't get me started on how the Fed expects the middle class to pay $700 more in mortgage payments so it can "bring inflation down."<a href="https://tradingeconomics.com/united-states/total-housing-inventory" target="_blank">https://tradingeconomics.com/united-states/total-housing-inventory</a><a href="https://www.npr.org/2022/07/14/1109345201/theres-a-massive-housing-shortage-across-the-u-s-heres-how-bad-it-is-where-you-l" target="_blank">https://www.npr.org/2022/07/14/1109345201/theres-a-massive-housing-shortage-across-the-u-s-heres-how-bad-it-is-where-you-l</a>

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