[quote=Russell]I really don’t see any possible way to see “housing bears have lost”, bills passing or no bills passing. I just don’t get that. Maybe it is just a problem of semantics. Perhaps, what is meant is that, “housing bears lose this round”?

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I agree. The housing bears have already won. Although perhaps the housing uber-uber bears will have to revise their outlook… a little bit. The govt can’t keep prices from reverting to the mean… but it can have an impact on how far prices over-correct.