[34f3f3f]

[quote=DWCAP][quote=qwerty007]If the government is not solely concerned with the propping up home prices, so much as the effect it has on the overall economy,[/quote]

There is where your post has a problem. I agree they shouldnt care, but they have directly linked home prices with economic gain, if only in their minds (let alone their policies), and will do anything to protect and continue the gains observed.[/quote]

I think that is what I am saying isn’t it? It’s not propping up home prices for the sake of it, but there may come a point when to do so is out-weighed by any future benign effects of doing otherwise.

[34f3f3f]

[quote=DWCAP][quote=qwerty007]If the government is not solely concerned with the propping up home prices, so much as the effect it has on the overall economy,[/quote]

There is where your post has a problem. I agree they shouldnt care, but they have directly linked home prices with economic gain, if only in their minds (let alone their policies), and will do anything to protect and continue the gains observed.[/quote]

I think that is what I am saying isn’t it? It’s not propping up home prices for the sake of it, but there may come a point when to do so is out-weighed by any future benign effects of doing otherwise.

[34f3f3f]

[quote=DWCAP][quote=qwerty007]If the government is not solely concerned with the propping up home prices, so much as the effect it has on the overall economy,[/quote]

There is where your post has a problem. I agree they shouldnt care, but they have directly linked home prices with economic gain, if only in their minds (let alone their policies), and will do anything to protect and continue the gains observed.[/quote]

I think that is what I am saying isn’t it? It’s not propping up home prices for the sake of it, but there may come a point when to do so is out-weighed by any future benign effects of doing otherwise.

[34f3f3f]

[quote=DWCAP][quote=qwerty007]If the government is not solely concerned with the propping up home prices, so much as the effect it has on the overall economy,[/quote]

There is where your post has a problem. I agree they shouldnt care, but they have directly linked home prices with economic gain, if only in their minds (let alone their policies), and will do anything to protect and continue the gains observed.[/quote]

I think that is what I am saying isn’t it? It’s not propping up home prices for the sake of it, but there may come a point when to do so is out-weighed by any future benign effects of doing otherwise.

[34f3f3f]

[quote=DWCAP][quote=qwerty007]If the government is not solely concerned with the propping up home prices, so much as the effect it has on the overall economy,[/quote]

There is where your post has a problem. I agree they shouldnt care, but they have directly linked home prices with economic gain, if only in their minds (let alone their policies), and will do anything to protect and continue the gains observed.[/quote]

I think that is what I am saying isn’t it? It’s not propping up home prices for the sake of it, but there may come a point when to do so is out-weighed by any future benign effects of doing otherwise.

[34f3f3f]

If the government is not solely concerned with the propping up home prices, so much as the effect it has on the overall economy, and given the tax credit seems to have worked, if the economy picks up this year, I see no reason why it (government, or Fed) should intervene if home values start to wobble again. The mini bubble has added enough fat for some lean times ahead while the economy is given a chance to stabilize.

[34f3f3f]

If the government is not solely concerned with the propping up home prices, so much as the effect it has on the overall economy, and given the tax credit seems to have worked, if the economy picks up this year, I see no reason why it (government, or Fed) should intervene if home values start to wobble again. The mini bubble has added enough fat for some lean times ahead while the economy is given a chance to stabilize.

[34f3f3f]

If the government is not solely concerned with the propping up home prices, so much as the effect it has on the overall economy, and given the tax credit seems to have worked, if the economy picks up this year, I see no reason why it (government, or Fed) should intervene if home values start to wobble again. The mini bubble has added enough fat for some lean times ahead while the economy is given a chance to stabilize.

[34f3f3f]

If the government is not solely concerned with the propping up home prices, so much as the effect it has on the overall economy, and given the tax credit seems to have worked, if the economy picks up this year, I see no reason why it (government, or Fed) should intervene if home values start to wobble again. The mini bubble has added enough fat for some lean times ahead while the economy is given a chance to stabilize.

[34f3f3f]

If the government is not solely concerned with the propping up home prices, so much as the effect it has on the overall economy, and given the tax credit seems to have worked, if the economy picks up this year, I see no reason why it (government, or Fed) should intervene if home values start to wobble again. The mini bubble has added enough fat for some lean times ahead while the economy is given a chance to stabilize.

[34f3f3f]

I’m not sure it’s really just about whether prices have more room to fall, or not. It’s also about whether you want a part of it. This credit crisis has become pretty politicized and I hear a lot of potential buyers who don’t seem to care whether we’ve hit bottom or not. What they care about is how things have been managed. Where you once had the savvy buyer, you’ve now got the principled buyer.

[34f3f3f]

I’m not sure it’s really just about whether prices have more room to fall, or not. It’s also about whether you want a part of it. This credit crisis has become pretty politicized and I hear a lot of potential buyers who don’t seem to care whether we’ve hit bottom or not. What they care about is how things have been managed. Where you once had the savvy buyer, you’ve now got the principled buyer.

[34f3f3f]

I’m not sure it’s really just about whether prices have more room to fall, or not. It’s also about whether you want a part of it. This credit crisis has become pretty politicized and I hear a lot of potential buyers who don’t seem to care whether we’ve hit bottom or not. What they care about is how things have been managed. Where you once had the savvy buyer, you’ve now got the principled buyer.

[34f3f3f]

I’m not sure it’s really just about whether prices have more room to fall, or not. It’s also about whether you want a part of it. This credit crisis has become pretty politicized and I hear a lot of potential buyers who don’t seem to care whether we’ve hit bottom or not. What they care about is how things have been managed. Where you once had the savvy buyer, you’ve now got the principled buyer.

[34f3f3f]

I’m not sure it’s really just about whether prices have more room to fall, or not. It’s also about whether you want a part of it. This credit crisis has become pretty politicized and I hear a lot of potential buyers who don’t seem to care whether we’ve hit bottom or not. What they care about is how things have been managed. Where you once had the savvy buyer, you’ve now got the principled buyer.

[Author]

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