Reply #29: you are looking at the wrong group to blame..abuses by the banking industry destroyed the housing

[xiamiam]

market..it is well documented..there are millions of pieces of evidence which prove the reason for this meltdown..i can't do your homework for you..when millions of people suffer at the hands of a few something is wrong..please do not send back another pr meme from the banksters who have yet to be held accountable..real estate as an investment is a part of this capitalistic system ..even rental properties owned by mom and pop..they are not the culprits..they ARE NOT..even the young college grad who bought a house to fix up and flip is not the problem as you think...the problem is that house values have yet to hit bottom across the country..that tens upon tens of millions are underwater because greed by the banksters had them betting against their own loans..and tarp paid to cover some of those bets as well..to the tune of 25 billion dollars paid to aig and then paid to goldman sachs..25 billion would have helped a lot of homeowners..instead those bets which took down our present and our future were paid by you, the american tax payer..and you worry about a few house flippers?..incorrect focus in my opinion..