[quote=SD Realtor]PR I think that there are 2 ways the empire can try to stop falling prices. The first would be to stem inventory. Effectively that means eating all of the distress balances and letting people stay in the distress homes at new valuations of those homes. The second would be to provide incentives to possible buyers. These incentives could take the form of tax credits, direct financing, or other subsidies.
Does this will exist? Could it happen? Well I think it is absolutely possible. We passed the point of no return long long ago so those who think that it could not are just as much in denial as cheerleader realtors.
I absolutely hope it will not happen but nothing surprises me anymore.
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Yes, these are the two primary ways they may try to stop the decline, but there are WAY to many market forces working against them to be successful.
Values will continue to decline no matter what they try…
