Everybody agrees that it is all the buyers’ hope that the house market will tank when we allow it to self-correct so that everybody can get a piece of cheap house. But our government is looking at it at a different perspective. If there are flushed with foreclosures, the house market will not recover so as the whole economy. Their #1 priority now is to save the housing market as indicated in the news numerous times. Letting it go down is not doing any good to our economy and to the employment as a whole.
