HOPEY CHANGEY: U.S. Housing Costs: Up, Up, Up, Up. “The rising cost of shelter has been attributed to low vacancy rates, meaning supply is low relative to demand. This is also affecting Americans’ ability to buy homes—as high rents make it hard for Americans to save up for a down payment. Homeownership is currently at a 48-year low. As my colleague Gillian White wrote, high rent isn’t just bad for the economy, it hurts those who can least afford it the most.”

But Obama’s Wall Street buddies are profiting. How convenient.