I want housing prices to come down as much as everyone else. Yet there is a hell of alot more on the table then just housing…. unfortunately.
Also the way out of this mess as you proposed is simplistic and while it is functional, in no way shape or form does this not apply to our government as well. Unfortunately the path that has been taken thus far and will apparently be continued by the next administration seems to be quite orthogonal to your proposal. It is one thing to be in a recession for a year or two. Another thing to be knocked on the ground for many years.
Anyways we will all be around to see what happens. I am in the bring it on camp as well but with a hell of alot trepidation, not anticipation.