[MrEdd]

Just before the real estate crash a few years ago because of sub-prime loans and a corrupt fannie mae/freddie mac,

FAIL

The roots ofthe collapse go much farther back than that.

To the regime of Jimmy Carter, under whom housing appraisors no longer had to index a home against the population density, the number of homes in the area, and the median income in assessing the value of a home.

It became okay to simply compare the selling price of recently sold comparable homes. the unstable and out of control fluctuations in home prices date from this period.

[elpadre]

And, I suspect city planning commissioners played a role by approving housing developments that were not feasible considering population and available units on hand.

[Seven plus One]

Thank you.