[quote=Nor-LA-SD-guy]It’s not so much home prices,
it’s employment, I don’t think the union will hold at 35 or 50% unemployment.
I think there would be wage riots at the very least.[/quote]
OK, Let me change it.
“Prop up home prices or we’ll have unemployment of 35 or 50%.”
It all comes back to feeding more and more money into keeping home prices elevated. But home prices need to reset without govt intervention. Spend govt stimulus instead on promoting export enterprises and import substitution enterprises.
