Comment by pclowes
1 day ago
I was thinking back to when Clinton balanced the budget.
And yes I directionally propose that we should build houses until property prices fall and then build some more.
The housing crash was funded primarily by the govt. Loans were being made because of govt policies that never should have or would have been made otherwise!
2008 was devastating because it made us stop building housing due to speculative price manipulation of securities and again the govt being in a business it should not have!
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