Talk about systemic risk! Makes you wonder; if home ownership is the "American Dream", and it's wrought with errors, is it by extenstion too big to fail due to "systemic risk" and thus either the $22,500,000,000,000 (22.5 trillion)<that's a lot of zeros!!!> real estate market is going to have to self correct or we are going to bail it out and risk artificially keeping the bubble inflated. Think about it. Just so you know the US economy by assets is worth $188 trillion.
It is such an unwinnable situation, if you bail out the real estate market the average investor loses and the home owner wins, if you don't bail it out, then the average home owner loses and thus the entire neighborhood, and the investor still loses just not as badly.
It is such an unwinnable situation, if you bail out the real estate market the average investor loses and the home owner wins, if you don't bail it out, then the average home owner loses and thus the entire neighborhood, and the investor still loses just not as badly.
Again i repeat my question from my earlier post, why is no one going to jail?
This just illustrates my point:
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