good. it should! It’s been rising at an astronomical rate over the last 10 years. What is artificially driven up, must come down!
Also, this does not lie on the banks. This lies on the consumer. Did the banks play on the public’s stupidity and greed? Of course they did. But it’s not the bank’s fault people are BEING STUPID AND GREEDY! I could have went out and got a mortgage over the last couple years and got a house and then have it drop like a rock.
People have to be responsible for their decisions. If you make a bad investment, you have to live with the consequences. The government didn’t get a taste of the money as your home appreciated, and it shouldn’t have to subsidize your loss if it doesnt.