[quote=patientlywaiting]SD Realtor, there nothing the government can do at this point.
If people can’t afford a house, giving them forbearance is not going to help. It just delays in inevitable.
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I agree with Patientlywaiting’s theory and it is sure no more flat and belly landing scenarios. Though this bailout may not stop – hereafter there is nothing fed can involve and do anything further. The stretch they have done so far is little ugly and no result except accepting all declines. We are done enough and there is nothing left with us. I was thinking 8 years back this newly elected government(not scolding Republican party ) would provide a strong support for our Social Security when Baby Boomers are emerging. Now not a single word nor any plan towards this — everythig gone with the wind due to this financial crisis and we are in a big mess from all corners
