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Reply #86: No, he's just not advocating artifically inflating home prices again. [View All]

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MercutioATC Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-13-09 04:20 PM
Response to Reply #83
86. No, he's just not advocating artifically inflating home prices again.
Homes today are like Beanie Babies were in the 90's.

The values were artificially inflated by many times the actual value of the toy for years. When the market dropped, they returned to their fair value. Homes haven't dropped to their fair value yet, and they have to do that for a real recovery to begin.
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