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Scott Bessent is floating the idea of a “housing emergency” ahead of the 2026 midterms—and the White House may lean into it this fall. But here’s the truth: affordability has collapsed, and government “fixes” could make it worse.
In this episode of Watchdog on Wall Street:

• Why mortgage rates aren’t the real problem—property taxes and insurance are
• How government subsidies prop up overpriced homes and flood-zone mansions
• The corporate scam: Wall Street firms buying entire neighborhoods and gaming comps
• Why homeownership isn’t an “investment”—it’s a bill

Yes, America has a housing emergency. The question is whether Washington will solve it—or make it permanent.