Housing not the problem

Until they realize this actually stemmed from the stock bubble, and not the housing bubble ….they aren’t going to get around the problem. They will just keep rewarding those that made irrational decisions and punish those that made rational ones to stabilize overpriced markets…and the cycle continues. Over the last 8 years, this was easy to see coming. Booms aren’t the norm, but people have been trained to think that they should be.

Leave a Comment