tag:blogger.com,1999:blog-2391450667636277312.post6743795608567152896..comments2023-09-23T01:06:06.022-07:00Comments on Urban Messes: hannahappshttp://www.blogger.com/profile/17074450146761914215noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2391450667636277312.post-57329037842849824492011-10-04T04:20:07.091-07:002011-10-04T04:20:07.091-07:00I agree with the comment on the website. "An ...I agree with the comment on the website. "An average is not an equilibrium.. The still large inventories of unsold houses suggests that we are nowhere near equilibrium prices." At the same time, what would be an equilibrium? At this point, I believe that it is not possible to match the demand price of houses considering that millions of people would like to get a nice house without carrying an overwhelming amount of debt... To match this expectation, the mortgage loans should further decrease their rate? Or should people just modify their expectations?@SamuelA.https://www.blogger.com/profile/12009549196553792154noreply@blogger.com