One of the big questions that hangs over both the US economy and individual Americans in 2008 is a seemingly simple one: What's a house really worth? The problem is, the housing market is in an unusually volatile state. Home prices are posting rare declines in many cities, and potential buyers and sellers alike are wondering where the market will bottom out. (Christian Science Monitor, Wednesday)
What would the housing industry look like if the government took a powder?
FEE Timely Classic
The Neglected Factor in the Housing 'Bubble' by Raymond J. Keating