nothing cures low prices like low prices. A few months ago the median American house price was $165k and falling. Soon a young couple will be able to buy a home outright from a few years' good-old-fashioned savings. This is great news for a demographically young society, which America is. Throw in a lower USD and home prices will soon hit bottom, then the rise as credit expands as confidence returns and American exports grow. Isn't the ebb and flow of markets beautiful?
