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Post# of 252107
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Re: iwfal post# 66964

Saturday, 10/04/2008 3:18:42 PM

Saturday, October 04, 2008 3:18:42 PM

Post# of 252107
I don't agree with, you can't make your case, and it suddenly becomes "religion"? That's a useful attitude...

I strongly believe housing prices are *extremely* over-valued. The rational approach, IMO, is to let them deflate. What you are describing is fundamentally no different than a price control, and we have ample evidence that price controls cause more problems than they solve.

If you don't agree, don't agree, it's ok with me.


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