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Updated over 8 years ago,
Laws that prop up the value of home prices...disappearing?
Hi all,
I've done a lot of research into the US housing market, and I've come to the realization that the US has a lot of laws/policies at the moment that really help to keep the housing market inflated. I'm wondering if any of you have experience with other countries doing similar things?
It's a little scary, because I've identified at least ten different ways that the USA is artificially propping up the price of housing markets. I look to an acquaintance who lives in Germany, and it's crazy how much easy money we have flowing into our market because of these laws that have been passed over the years.
Is anyone else a little freaked out about what might happen if that legal safety net begins to disappear, or hits the edge of its bubble?
current mood: