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Reply #16: I think you don't understand how it works [View All]

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Bragi Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-15-11 07:18 AM
Response to Reply #14
16. I think you don't understand how it works
Edited on Thu Sep-15-11 07:29 AM by Bragi
Treating housing as a personal investment is good for bankers and developers. Treating housing as a social need is good for people.

If you doubt that, just ask all the "serfs" you know who have zero or negative equity in their current homes, or who have already been foreclosed on.
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