On Thursday’s broadcast of the Fox Business Network’s “The Bottom Line,” former Deputy Treasury Secretary Michael Faulkender said that restrictions on companies buying homes make him “pretty nervous.” And said that the key is to increase supply. He also argued that restrictions would be a problem because they would hamstring people looking to sell when there is a downturn.
Co-host Brian Brenberg asked, “As an economist, do you like the idea of limiting who can buy homes in the market, or does that make you a little nervous from kind of that old free market perspective?”
Faulkender answered, “It makes me pretty nervous. So, I am one of those…
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