This is really a good article and mentioned about several pit-falls in our current housing settlements done by Fed but still several issues remained there. Eventually one item caught my attention is overpriced homes. Did Fed think this angle any issue to resolve?, perhaps not. Had Fed really consider this kind of issue during their bailout and all such schems while fixing then really we would be expecting a clean and slow growth in housing future. I vote fully for this article and these are the facts(real fears), one can guess there may be several collapses in our current housing model several times in the future and perhaps people those who bought homes before 2002 may get some good yields but not after that buyers in any long term ……
