You don't have to write anything to me about the market. I research it EVERY day and am quite familiar with what is going on. Those who have been on here lying about the housing market and have set up people for a financial fall are to be held responsible. Dishonesty is exactly that -- dishonest.
I haven't seen anyone "lying about the housing market" on FR. People have different knowlege and opinions about the housing industry and we all have the right to express our views.
I do get the impression that, for many months, someone who posted an article on the housing situation risked being flamed. Many on freerepublic interpreted such a posting as a dig at Pres. Bush. But talking about the housing market is just that - talking about the housing market. Bush isn't responsible for the laws of supply and demand that have been causing a housing slowdown. And it's not "anti-Bush" to report on the state of housing prices. I personally think it's healthy for housing prices to flatten or go down. A continued run-up at the levels we'd seen for the previous three years was unstustainable, and it would have made housing unaffordable for most people, if it had continued.
What with, FR housing tribunals? And how will property owners have a "financial fall" if they maintain ownership? I don't see too many FReepers as the type to buy more house than they can afford so I don't think many would be forced to sell in the future. At worst all they should have to do is hold on and let inflation catch up.
Actually those who remain ignorant of tulip mania, the dot-com bubble and every other get rich scam are to blame for not knowing their history.