Quote:
Originally Posted by JG183
what part didn't you understand ?
(I was replying to Lusie's post, but didn't quote)
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Ok fine, sure, the two aren't mutually exclusive. But no can argue that the housing peak was common sense. It was an artificial bubble. It was manic. Prices are coming down to where they should've been earlier. And we are worse off because of the lost productivity of the last decade.
As for the bailouts, that's just making things worse later on. It's clearly mortgaging the future for the present.
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