Sorry for not answering sooner but have not had time. What I was trying to say in simple terms is that the govt will try to do whatever they can. Now to me that is two fold, first off yes throw in every stopgap they can to slow things down. However, even Obama himself has said that we need to get the values of houses back up. Does that mean to 2005 levels? I don’t know, on its own it is an ambiguous statement isn’t it? What do YOU GUYS think the president meant by that statement.
I mean it IS abundantly clear to me at least that the govt MUST at least try to stem things AND the only way to really get the wheels grinding again will be to increase sales, to get people to buy, and to get prices up.
So, did I specifically mean 05/06 prices? Well not really but I do believe the govt ABSOLUTELY wants to see price increases. No doubt in my mind at all.
