[quote=DWCAP]If you want things to get cheaper, lobby congress to stop the 3.5% PD FHA loans and bs interest rates. Make people save 10-20% and see where housing goes. Part of the problem is that easy money loans just raise real demand until prices are no longer ‘easy’.
(please note, not all FHA loans are 3.5% DP, and traditionally they are rather safe loans) [/quote]
while this would affect me and reduce how much house I could afford, I agree this is the way it should be
but we both know it won’t happen, the only thing we can hope for is higher interest rates
