Currently it has allowed local investors to really skyrocket their business & future home owners to buy in at a reverse bubble, locking in future readjustments.

In fact, if the value skyrockets, you do have the responsibility to substantiate that when completing delayed financing (as mentioned).  

It seems every kind of commercial property near growing college campuses is skyrocketing with regards to value and rents.

I agree that the cost of college has skyrocketed.

Economic growth has been pretty weak for years, yet the market has skyrocketed.

Then, again thanks to dramatic changes in lending guidelines, IMHO, prices skyrocketed.

Jessica,In addition to what Will said, I think that the real risk in having your loan called due is in the future, when inflation rates skyrocket and interest rates rise rapidly.

They could make a lot of money if home prices skyrocket in the near future.

If unemployment skyrockets as I expect, then Obama could easily come up with something equally stupid on the federal level.This is EXACTLY what I have been talking about these past few months!

So you will get the money tax free for awhile now, but then you'll need to be able to pay 2 years of taxes at once and then get a large refund in 2011 (assuming your income doesn't skyrocket in the meantime).