Effect of the Mega Bailout on home prices

[peterb]

Fletch, when has the govt ever really done anyting in the markets that helped the average guy? This bail out helps the banks from collapse and will hopefully prevent full scale panic. (Jury still out on that one.)
We are seeing huge swings in the markets. This is called “unstable”. Not a place to be with a hightly illiquid asset that has been decreasing in value for some time now.
If the govt is successful with this attempt, it would be the first time in history that a govt was able to halt a bursting credit bubble.

No one can predict the future, but history and statistics are on your side.

[cr]

I don’t see how it can do anything but continue to cause house prices to plummet further.

This bailout trend is only going to cause more people to default. What incentive does anyone now have to pay on houses they can’t afford and/or owe more on than they are worth?

Then, what’s to stop the Government from buying up houses directly?

This is the end of the Amercian way of life, and it’s the end of American Capitalism.

Welcome to Communism Comrades.

[cr]

I don’t see how it can do anything but continue to cause house prices to plummet further.

This bailout trend is only going to cause more people to default. What incentive does anyone now have to pay on houses they can’t afford and/or owe more on than they are worth?

Then, what’s to stop the Government from buying up houses directly?

This is the end of the Amercian way of life, and it’s the end of American Capitalism.

Welcome to Communism Comrades.

[cr]

I don’t see how it can do anything but continue to cause house prices to plummet further.

This bailout trend is only going to cause more people to default. What incentive does anyone now have to pay on houses they can’t afford and/or owe more on than they are worth?

Then, what’s to stop the Government from buying up houses directly?

This is the end of the Amercian way of life, and it’s the end of American Capitalism.

Welcome to Communism Comrades.

[cr]

I don’t see how it can do anything but continue to cause house prices to plummet further.

This bailout trend is only going to cause more people to default. What incentive does anyone now have to pay on houses they can’t afford and/or owe more on than they are worth?

Then, what’s to stop the Government from buying up houses directly?

This is the end of the Amercian way of life, and it’s the end of American Capitalism.

Welcome to Communism Comrades.

[cr]

I don’t see how it can do anything but continue to cause house prices to plummet further.

This bailout trend is only going to cause more people to default. What incentive does anyone now have to pay on houses they can’t afford and/or owe more on than they are worth?

Then, what’s to stop the Government from buying up houses directly?

This is the end of the Amercian way of life, and it’s the end of American Capitalism.

Welcome to Communism Comrades.

[nostradamus]

I agree with coop and think it will drive prices lower. Banks can now dump their inventory without fear of causing lower comps thus further foreclosures. Now all their foreclosures will be covered by us, so dump away! The banks get paid, the prices go down, more people walk, more foreclosures, the banks still get paid, etc..

[nostradamus]

I agree with coop and think it will drive prices lower. Banks can now dump their inventory without fear of causing lower comps thus further foreclosures. Now all their foreclosures will be covered by us, so dump away! The banks get paid, the prices go down, more people walk, more foreclosures, the banks still get paid, etc..

[nostradamus]

I agree with coop and think it will drive prices lower. Banks can now dump their inventory without fear of causing lower comps thus further foreclosures. Now all their foreclosures will be covered by us, so dump away! The banks get paid, the prices go down, more people walk, more foreclosures, the banks still get paid, etc..

[nostradamus]

I agree with coop and think it will drive prices lower. Banks can now dump their inventory without fear of causing lower comps thus further foreclosures. Now all their foreclosures will be covered by us, so dump away! The banks get paid, the prices go down, more people walk, more foreclosures, the banks still get paid, etc..

[nostradamus]

I agree with coop and think it will drive prices lower. Banks can now dump their inventory without fear of causing lower comps thus further foreclosures. Now all their foreclosures will be covered by us, so dump away! The banks get paid, the prices go down, more people walk, more foreclosures, the banks still get paid, etc..

[kewp]

It won’t stop the decline, it will (hopefully) just keep the markets from seizing up.

Look at Rich’s charts. The trend is strong and *nothing* is going to reverse that short of strong fundamentals. I.e, people that can afford a home purchasing at the bottom.

[kewp]

It won’t stop the decline, it will (hopefully) just keep the markets from seizing up.

Look at Rich’s charts. The trend is strong and *nothing* is going to reverse that short of strong fundamentals. I.e, people that can afford a home purchasing at the bottom.

[kewp]

It won’t stop the decline, it will (hopefully) just keep the markets from seizing up.

Look at Rich’s charts. The trend is strong and *nothing* is going to reverse that short of strong fundamentals. I.e, people that can afford a home purchasing at the bottom.

[kewp]

It won’t stop the decline, it will (hopefully) just keep the markets from seizing up.

Look at Rich’s charts. The trend is strong and *nothing* is going to reverse that short of strong fundamentals. I.e, people that can afford a home purchasing at the bottom.

[Author]

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