So maybe the princess CAN get that house with a tree in the yard? Some win, some lose.

But you are right. The property market is doomed, and probably nearly world wide.

I'm mostly a libertarian (don't start with me about healthcare, that's a service like roads and bridges) and hate the idea of more regulation but the banks have proved often enough that they can't be trusted to 'do the right thing'.

Since you brought up health care, do you have any idea how much better off the US would be right now if we HAD universal health care? The answer is TRILLIONs. Just sayin'