You assume that the conforming loan limit would be allowed to go back down in the future. Politics and the NAR would never allow that to happen once the cat is outa the bag. Remember, this is the government that gave us a rebate on our taxes last year because they were still collecting a tax on telephones that was inacted to pay for WWI ( or WWII, I forget). Either way that was 60-80+ years of taxation. Temporary isnt really temporary, it just means that they will have to pass another “fix” next year. It lets a Pol tell you they are doing something when they really are not, and keeps the PAC and special interest lobby money rolling in. If you want an example, think the alternative minimum tax that is so loathed on this board. Every year it is indexed up alittle so the middle class doesn’t revolt, but left open because if they fixed it, they would have to account for the Ten’s of Billions of dollars that would be lost in tax revenue.