You’re right, sdr; I am wrong. It’s different here, and it’s different this time.
All that govt/Fed intervention did NOT affect housing prices at all. Nope, prices are exactly where they would have been without the low rates, the tax credits, the foreclosure moratoriums, the loan mods, etc. It is 100% my imagination that prices are still levitating above where they should be. We should buy before being “priced out, forever,” because all the rich people are coming to “snap up” NCC real estate.
