i’m not really concerned about political or financial stability at this point, i do believe the economic systems of “developed” countries are resilient enough. japan has yet to dissolve, right? but in the context of chris’ post, i didn’t agree that his tone was necessary with regards to the op.
as to “stability”, he *is* in a far better position than i to prognosticate on the situation, so if a “total collapse” is in the cards, i will take his word for it.
as a layman, i agree with everything else you wrote. to add, i’m not as concerned about “getting the guilty” as they were certainly acting within the bounds of the law. enough so, anyway, that it wasn’t a big deal at the time. but planning for the future… as you say, homes are assets. home builders to re agents, we’ve had enough of unregulated “free trade”.
