[l2ridehd]

House prices have bottomed or so close to it, it doesn not matter. Now is the time to buy. "Buy low sell High" This Washigton action or inaction will only cause the prices to go up, not down. I just heard Congress has a new plan. Don't burden the tax payers. Just create a new tax on investments that will pay for this. Guess they must think tax payers and investors are different people. How dumb do they think we are. If the voters don't send these incumbent idiots home for good, we get what we deserve.

Regardless of how they determine what way to buy up these bad loans, it will just improve the banks balance sheets, provide additional funds into the money supply, lower mortage interest rates and cause home prices to rise. Remember building permits and housing starts are the lowest in 21 years. It will take builders at least 18 months to gear up to put new homes in the pipeline in significant numbers to meet demand. So existing homes currently on the market will go up in price. It is all about supply and demand and it will go up real soon. BUY BUY BUY and BUY NOW. We are getting very near your last chance to get a bargin.