Originally Posted by spdrun

If you don't see the difference between people going from owners to renters vs people dying in things like Katrina, or crops failing due to droughts, etc and so forth, then you're really stupider than I ever imagined.

And yes, I do think that mortgage controls should have been much stricter -- if we had kept the policies of the 80s and 90s, the bubble would never have happened and prices would be similar to what they are now. Meaning that there still would be opportunities in the r.e. market.