“When prices are lower, these experts argue, buyers will pour in, creating the elusive stability the government has spent billions upon billions trying to achieve.
“Housing needs to go back to reasonable levels,” said Anthony B. Sanders, a professor of real estate finance at George Mason University. “If we keep trying to stimulate the market, that’s the definition of insanity.””
Well, duh…hasn’t every conservative voice in America been saying his for the last, well let me see…I guess since Obama started “propping” up the industry?
I mean, since Bush and the Democrat Congress,…started “propping” up the industry. 😉
No politics here…I just think it’s about time someone in power had the guts to let capitalism work…oh wait,…this was just a news article.
Never mind. Let the stimulasis continue. I think we should spend 50 Billion on new roads next.