So many will be hurt by this, how can we possibly toast the death of the housing ponzi scheme? Because it would have been so much worse if it kept on, that's why.
Cheers to getting back to a sane housing market, where people can afford homes, with traditional loans, and not have to worry about their values collapsing.
Here's to young kids getting jobs out of college and being able to buy a house.
And this toast from HP'er JM:
Cheers to the end of the housing bubble, let's all raise our glasses of MD 20/20!
May 26, 2006
Posted by blogger at 5/26/2006