Housing Market

Here is just all kinds of good news.

Nobody wants to take a bath on an investment like their home, but reality insists. These houses are grossly overpriced and the owners are going to get hit. A lot of them will bail, which means the mortgage companies will get hit. That means that the government will stick the rest of us with the bill. With interest.

Hold on tight because the economy is going to suffer more before it gets better.