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**beethyday** · 09-02-2011, 11:32 PM

Because housing prices were a bubble, and injecting cash into the bubble is a horrible idea?

Housing prices are vastly out of whack, even still with their average appreciation rate over time. Average home price should be close to 3x the average income, but that's not what we see.

09-02-2011, 11:32 PM	#9
beethyday Join Date Oct 2005 Posts 497 Senior Member	Because housing prices were a bubble, and injecting cash into the bubble is a horrible idea? Housing prices are vastly out of whack, even still with their average appreciation rate over time. Average home price should be close to 3x the average income, but that's not what we see.
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