The bottom line is that no matter what they do in washington - we have 3 problems that should be allowed to resolve without too much interference. 1, Our life styles were far to grand and we will have to adjust pay and productivity to lower levels. 2. Lenders are qualifying homeowners - which means much smaller buyers pool. Options, the fed guarantees loans the private sector won't touch, inflation drives up salaries and employment to allow purchasing poer to catch up to home prices or prices of real estate deflate much further. 3. Since much of the service sector economy was based on bubble economics the U.S. will have to become more of a manufacturer again. Our people will have to adjust to lower wages. 4. 10 years from now with home prices where they should be and real wages down - we could have better lifestyles. 1/3 of a smaller income going to housing with some left over, is going to be better than 70% of larger incomes going to housing with almost nothing left over for fun. 5. I hope we deflate housing prices to the point where families need only one income. The problem ... is those idiots and washington are likey to prevent this from happening as best they can. caveat change in technology could alter this scenario.