ST Alpha - "all this ends up doing is artificially inflating real estate prices." (Reading a Post)

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In response to "If the Federal Reserve said in the morning to you that they want to buy 30% of your house (and base that 30% on the highest boom time price your house" by Loyola

all this ends up doing is artificially inflating real estate prices.

Posted by mafic Oct 18 '10, 15:19

but assuming my house was worth less than peak now, take the 30%, sell it, buy a better house.

Responses:

I think it has the added benefit of helping real estate find its floor faster. - Loyola Oct 18, 15:27 2
- when you flood the market with free money, all it does is knock prices up in the short term. - mafic Oct 18, 15:47 1
  - very often artificial intervention is little but a short term mug's game...nm - x Oct 18, 15:49
seriously. If your house is worth less now, you sell it immediately. -- nm - Reagen Oct 18, 15:20

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