Focus on housing IS a waste, but it greased the economy for a few years… only now are people starting to realize that the “grease” was actually KY Jelly, which is being used for its intended application.

Many industries profited handsomely.

The tax incentives and backing of financing creates an artificial, manipulated market.

“Saving homeowners” that have nothing to save is also artificially keeping prices high.

With 401K’s allowing pre tax dollars to be “invested” but hitting people with a 10% penalty if they want THEIR money, this also allows for an artificial, manipulated market and allows thousands to profit handsomely, while millions are along for the ride, thinking that they understand what they are doing, until they realize that they don’t…

It’s all a pyramid scheme/ shell game built on the greater fool theory that is fun to play until you lose, and only then do people think it is unfair. While it’s going up, nobody sues or complains.

Everything works until it doesn’t work anymore.. HLS