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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Mike Johnston who wrote (31529)5/19/2005 1:36:28 PM
From: anachronistRead Replies (2) of 306849
 
I think there already is and will be a massive intervention in the market by the government. Whatever it takes.
The housing economy is too big too fail at this point.

You are making the supposition that the government has the ability to determine whether or not the housing market fails. It remains to be seen if they have that level of control. I think they do not, as our government currently exists.
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