>We haven't escaped the depression; the bailouts and quantitative easing simply delayed it for a bit, and the more it is delayed, the worse it will be.
It's this mentality which is going to cost you in the long run. People have been saying "the next one is around the corner" for 10 years, and missed the biggest bull run in history. If you bought prior to the Lehman collapse you'd still be up 130%.
>Even if the government had simply paid off everyones' mortgages, it would be better for the average person
I disagree. I'm not going to pay the mortgage for someone else because someone decided they needed way more house than they could afford.
It's this mentality which is going to cost you in the long run. People have been saying "the next one is around the corner" for 10 years, and missed the biggest bull run in history. If you bought prior to the Lehman collapse you'd still be up 130%.
>Even if the government had simply paid off everyones' mortgages, it would be better for the average person
I disagree. I'm not going to pay the mortgage for someone else because someone decided they needed way more house than they could afford.