My argument is NOT wrong. The Rosenstein property was just an extreme example of what drove the housing bubble into oblivion, forcing the US government to step in with a rescue entailing $218,000,000,000. There were no subprime and jumbo mortgages involved in moderately priced family homes. The abuse was in the investment property values that became so inflated that the market collapsed.
Talk to any realtor.
Those are the facts!