[quote=deadzone][quote=Coronita]
Fairness has nothing to do with any of the 3 situations. Any time “fairness” comes into play, then we end up with weird government encroachment like government officials trying to forgive student loan debt….Expecting government to erase bad decisions made by individuals…[/quote]

I agree there should be no forgiveness for student loans. Government should stay out of the markets, do you agree with that? But unfortunately that is not what has been happening in the last 13 years. The Fed intentionally blew up a ginormous housing and asset bubble through manipulation of the bond and mortgage markets. That is the opposite of free market. And particularly since Pandemic, any gains that were made in RE or stock values were ill gotten, and are in the course of being reversed. But since they were bogus “gains” to begin with, it is only right that they correct themselves.[/quote]

That’s not what I said. What I said is the government has no business interfering with personal finance that does not impact the country’s financial security. That’s not its job.

Howver, the government’s job is to ensure financial security and stability and use every tool at it’s disposal to achieve that goal , even if it means screwing over some of the little guys in the process if it benefits the stability and the majority of the population

again, you are using social inequity as the primary reason to justify why a housing crash would be a good thing. Social inequity doesn’t apply to your case. You want a personal bailout for your own decisions you didn’t make decades ago because you fucked up…own it.