[Porsche-O-Phile]

I'd LOVE to see the mandatory re-assessment initiative pass and become law here, I think that would drop prices quite a bit as people try to get of their severely under-appraised properties. Combine that with a raise in rates and it could help the overall situation rather nicely - creating more "movement" in the market which has really ground to a halt for all but the weathiest members of society.

Personally, I WANT the bubble to pop! If it does and there are some foreclosures maybe "real" people can start affording their own places here again. It just kills me every time I hear that Salle Mae commercial on the radio that says "the American Dream is the most powerful economic motivator in the country" and "we're here for you", yet by their own actions, they make the "American Dream" available only to the extremely well-off (unless you want to live in a ghetto - and even THOSE houses are well over the $250-$300K mark now). What a joke!