What is significantly wrong with the housing market is that too many lenders give people loans with bad credit--it's a dangerous incentive to the subprime mortgaging meltdown.

Always remember to work for enough money to own an appropriately affordable house!

In my area, there is a lot of development, and for the residential parts, I don't see the new houses being built panning out with the banks. It's such a waste of time, energy and land.

Nicholas Rosen

Great Falls, VA

Between the foreclosure mess, toxic toys, increasing fuel costs, the outsourcing of jobs, along with the insourcing of cheap labor and the outsourcing of our industries, we are looking at an eventual demise of the American market and economic collapse on a global scale.

Pervis J. Casey

Riverside, CA

" Correcting this quirk of bankruptcy law." Obviously it wasn't a quirk, but a well thought out strategy. Was it any accident that the Bankruptcy Bill was enacted in 2005 when the subprime scam was taking off ? The judge cannot reduce a home loan but can on a second home or yacht?

What happened to Loiuisianna politics after Katrina? Did the state just happen to go Republican ?

When all these foreclosures happen during a presidential election year, where do all these people vote ? How many voters are we talking about ? How many will be eligible to vote so few months before the election after they have had to move ?

The displaced voters are in the millions...

Michael McKinlay

Hercules, CA