[org.whodat]

Wrong, the housing market will not rebound, the market will assume normal conditions when the price drops to where! Demand and price meet. The chamber of commerce crowd drove down wages with illegals at the same time over pricing happened because of giving montages to people that could not pay the loan. Wages would need to go way way up to afford the current price. But every time the price drops the more AIG and freddy and fanny will lose.

[Terry Mross]

One problem is many people have too much debt.

[marron]

the market will assume normal conditions when the price drops to where! Demand and price meet. The chamber of commerce crowd drove down wages with illegals at the same time over pricing happened because of giving montages to people that could not pay the loan. Wages would need to go way way up to afford the current price. But every time the price drops the more AIG and freddy and fanny will lose.

I agree with you.