tag:blogger.com,1999:blog-11027528911364475.post8367153963531536432..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Housing Prices Flat Year-over-YearJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11027528911364475.post-10901650187192000972010-03-31T06:04:00.694-07:002010-03-31T06:04:00.694-07:00if you think there will always be government invol...if you think there will always be government involvement, then you are right. my thoughts are the nominal price may never drop (that is what they worry about as the nominal amount is what is used as collateral for loans on banks balance sheets), but the real price will collapse at some point.Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-46177361176529262062010-03-30T17:02:53.961-07:002010-03-30T17:02:53.961-07:00" At some point the market must reflect suppl..." At some point the market must reflect supply / demand at a "natural" clearing price."<br /><br />Why is that Jake? If the FED is bent on:<br />-setting low rates<br />-Not dumping their junk MBS<br />-Unlimited funding for FNM/FRE/FHA<br />why would prices ever have to be "real"?EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.com