Home prices rebound

[AnnaLee]

22. Do you mean make a choice in favor of the owners of over-priced houses?

I'm not sure I understand what you are trying to say. I guess I wonder how people sell a house for an inflated price without creating the bubble all over again. In other words selling to someone who will find later that they cannot afford it. That assumes that buyer can be found. The subject isn't 401Ks for the majority of retired workers. It is their bank accounts that are suffering from the Fed actions.

You know, one assumes the Fed action choses one generation over another and to a great extent it does. But, yes, someone near retirement that bought a house that is now underwater might be the same as a younger person in a similar predicament.