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I'm not sure that it would be just as easy to do this for houses. Freezing the market for a day would have little effect. Freezing it for years would be a very
by mvindahl 10y ago
I'm not sure that it would be just as easy to do this for houses. Freezing the market for a day would have little effect. Freezing it for years would be a very real nuisance.
Besides, I'd like to question the conventional wisdom that falling stock markets or falling housing markets are a problem which justifies government intervention. Another view on the same phenomenon is that your cash just increased in value. Like when prices go up, some people will lose money, some people will win money. In the end it's a zero sum game.