You know how Congress is all trying to stop house prices from dropping too much because people are going into foreclosures and stuff? (see here
if you don't know what I'm talking about). As somebody who's in the market as a home-buyer right now, I've got two words to describe this idea: terribly bad. The problem with the home market right now is that we've had a bubble and so things are horribly
over-priced. People got these false inflated notions of their homes' values and now refuse to sell them for what they're worth, or think that they can sell total crap and it's a great value. If you saw the number of not really ready to sell houses that I've seen in the last two months, you'd agree. It's crazy
what some people are trying to pass off as worth the price of a home. In this particular case, being in the market, I can't help but think that government intervention (as with the American car market) is just gonna prolong the problem instead of fixing it because the market has spoken: houses are
overpriced. Seriously, if you saw these houses...