ST Alpha - "I think it has the added benefit of helping real estate find its floor faster." (Reading a Post)

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In response to "all this ends up doing is artificially inflating real estate prices." by mafic

I think it has the added benefit of helping real estate find its floor faster.

Posted by Loyola Oct 18 '10, 15:27

Given the over supply issues, and the people who get the 30% who then want to sell their current abode, will sell that house at a vastly lower price than they would willingly accept at the moment.

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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

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I think it has the added benefit of helping real estate find its floor faster.

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