Real estate poll: Are high home prices good?
A running theme among comments on this blog is whether falling home prices are bad or good. Where the debaters stand usually depends on where they sit (in a house or a rental, that is), but not always.
So Josh Dowlut's recent poll suggestion -- "are high or 'strong' real estate prices desirable or not?" -- should be right up everyone's alley.
Now ponder this:
If high prices are preferable, what could/should be done to help more workers afford homes?
If lower prices are preferable, what could/should be done to help people stuck in homes they can't sell because they're underwater?
What sort of housing-market resolution would benefit everyone, at least long-term?