SweetHomeKilla

Calling a Housing Bottom

<i>What I hear from most homebuilders is not that the buyers aren’t there, but that the buyers cannot get the money for a mortgage.</i>

Interesting, so you're saying that the banks decided to shoot themselves in the foot by not making mortgages to buyers? Therefore the banks could reverse the housing bust by approving more mortgages for buyers? When does supply and demand enter the equation?

Maybe your article is just over my head, care to expand on your argument?