[quote=Diego Mamani] Take out Freddie, Fannie, and the FHA, and prices would really drop to reality! Painful? Yes, but I’d rather live in a painful reality than in a fantasy world that I know is unsustainable. Gov’t intervention, and now the courts meddling, are simply prolonging the fantasy, meaning, the pain will be even worse when the chickens come home to roost.[/quote]
Explain please. How are the GSE’s keeping the prices up now as compared to in the past?