Posted
4/05/2009 06:22:00 PM
by Douglas
Really? You'd feel bad for paying $250k for a house valued over twice that, only two
years ago?"My heart goes out to everybody that lost their home [and] lost their jobs. I'm real sympathetic toward them. But the reality for us was, if this didn't happen, we wouldn't be in this situation."
So an overinflated housing market corrects itself to the point that families can again move into empty houses that are breaking the backs of the nation's banks. What's the downside?