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They’ll keep it afloat as long as they can. No way they let it deflate before 2012.
http://articles.latimes.com/2010/feb/20/nation/la-na-obama-vegas20-2010feb20
Under the new policy, $1.5 billion that had been reserved for the bank bailout will be rerouted to five states that have seen housing prices drop more than 20% since 2006: Nevada, California, Michigan, Florida and Arizona.
Now, if I were a cynic………
