If people who bought at the top of the Bubble are forced to Sell,
So be it.
It happens.
Just like if someone buys a stock on the Highs.
99.99999% of people did not do this.
There was no reason for House prices to double to near triple in some areas in the last 3 years.
It is clear some people overpayed.
The Bank should not have given loans on such Overpriced valuations,
Nor to anyone who could not afford at least the 6.8% 30 year average Interest rate.
Foreign "Investment",
Should also be banned at this time.
It's the Housing Correction we have to have....
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