Home › Forums › Financial Markets/Economics › Economy and shopping in SD › briansd1 wrote:CA renter
[quote=briansd1][quote=CA renter] Pretty much confirms that LOWER housing prices/costs are the solution to our problems.[/quote]
Well, long term yes. Lower housing costs, as proportion of income, would be good for other sectors of the economy.
In the mean time, people need to get out of debt and out from being underwater. Only time and inflation can fix that.[/quote]
Only defaults and foreclosures can fix that.
