Raybyrnes – how about spit-balling what some of these options might be?
I agree that finance people can come up with new products that will allow uninformed, unintelligent, unqualified buyers to continue buying houses
But what does that accomplish?
It just takes us further down the road and postpones the inevitable reckoning with reality to a later day (and sucks some more people into the ultimate come-uppance)
Let’s have the financial reckoning today and get it over with
