For once I Agee. Although, left unchecked it still has the similar negative repercussions. The extent of the damage was not exclusive to single homebuyers. Clearly the repercussions were greater. But the same flawed logic was in play. The unintended consequences must be analyzed for every well-intentioned policy!
CAR, argue the intent of the previous statement, the extent of the devastation is another discussion. If you disagree at all, that is.