Michael Burry Blames Fannie Mae and Freddie Mac for Housing Stagnation

Michael Burry pushes back on housing shortage narrative, calls for GSE reform (FMCC:OTCMKTS)

Michael Burry says the U.S. housing “shortage” is misallocation, not supply—driven by low rates and policy.

Michael Burry Blames Fannie Mae and Freddie Mac for Housing Stagnation

Michael Burry posted an open letter on Saturday on X arguing the U.S. housing crunch is less about a lack of homes and more about misallocated space, with federal policy and the long-running conservatorship of Fannie Mae and Freddie Mac at the center of his critique.