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Old 01-05-2008, 12:27 PM   #2
smoothmoniker
to live and die in LA
 
Join Date: Feb 2003
Location: Los Angeles
Posts: 2,090
There is no housing crisis. There is a free-market, working as it should, to correct the exuberant and irrational behavior of its participants. I'm starting to get sick listening to politicos and economists talk about the "housing crisis" and how would need to "fix it". What you're witnessing IS the fix! In the most efficient, equitable, and ultimately effective way.
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