Housing Crash

"The inherent vice of Capitalism is the unequal sharing of blessings; the inherent virtue of Socialism is the equal sharing of misery." -Winston Churchill

A quick look into the red flags raised by our previous administration in response to the growing housing "bubble".

The rush to provide home loans to EVERYONE created an unnatural demand, which led to skyrocketing property values.

However, a large amount of these loans were defaulted on, which led to the housing bubble implosion and current financial meltdown.

It seems that most government attempts to "prop up" an industry, citizen, or idea are met with disappointment.