– Is this more rhetoric from the empty-head congress to appease the political issues of the moment? Wasn’t that what it was last time? Afterall, there hasn’t been much in the way of bailouts from government, (excluding the FEDs bank bailouts)
– Aren’t the majority of people, as the bulls point to as housing strength, paying their mortgages on times, and therefor against such proposals?
– And even if all these bailouts did happen, would it stop the 50% correction housing needs?
Someone should ask these people how they plan for the next wave of homeowners to be able to buy houses if they artificially prop up inflated prices.