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To: SeekAndFind

OK, so when prices were increasing rapidly, everyone was complaining about people being priced out of the housing market. Then prices dropped precipitously, and people complained that homeowners were under water on their loans and there were a lot of foreclosures.

Now prices are going up again, and that’s a good thing? Well, it is for sellers, but not for buyers.

I have an idea! Let the market work, get government out of housing and lending, and see if that doesn’t work a whole lot better than the crap that has been going on for the past few decades.


7 posted on 02/26/2013 7:09:29 AM PST by Pining_4_TX (All those who were appointed to eternal life believed. Acts 13:48)
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To: Pining_4_TX

Some people just don’t like the idea of a market. I recall some clymer here several years ago calling people ‘negative nay boobs’ or something similar for doubting that house prices were not always on an upward trajectory.


12 posted on 02/26/2013 7:24:22 AM PST by posterchild (Remember that thou art dust and to dust thou shalt return.)
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