Quote:
Originally Posted by flar
I just have to laugh when I hear people talking about a "free market" and "let the markets decide" and that the "market will correct itself"  |
I have to laugh at people thinking that the same governments that created the problem know how to fix it. The governments involvement almost always causes more damage then good. This housing crisis is due to government policies of low rates, home ownership programs etc. Foreign ownership is a minor player but makes a nice boogie man, it's easier to blame others then ourselves. Must be lots of Asians moving to Regina where prices have ~tripled in the last decade.
