hahaha ...yes I know....all the tricks the perma bulls try to...

hahaha ...yes I know....all the tricks the perma bulls try to pull on the defence less bears....however I note some property bears....are also apparently.... stock gurus or bulls....funny about that
oh the global financial con job....its still running strong....

look at this extract,,,,,,,,,,,,,,,,

The market share of subprime US home mortgages, which caused the collapse of the housing market at the epicentre of the financial crisis, has returned to pre-crisis levels, a central bank report shows.

But the Federal Reserve Bank of San Francisco study said nearly all of the loans were now owned or guaranteed by the government, which has pumped hundreds of billions of dollars to keep the market afloat.

Government-backed agencies Fannie Mae, Freddie Mac and Ginnie Mae "are providing unprecedented support to the housing market - owning or guaranteeing almost 95 per cent of the new residential mortgage lending," said John Krainer on Monday, a senior economist with the regional central bank who penned the report.

http://news.theage.com.au/breaking-news-business/us-subprimes-back-to-precrisis-levels-20091027-hhej.html