Quote:
Originally Posted by Republicaninmass
Part of the problem was people just selling there socials and never moving into properties. IMO It's much more than that, but that was the most blatent fraud among developers and buyers.....not to get too politcal 
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I not talking about the whole housing crash, i just describing one small aspect and 'part of the problem' just like you did in your post. I dont think one sale of a baseball card as well describes the entire baseball card hobby market.
Again though, you just said there was blatent fraud and the other poster talked about that there must of been many face to face transactions and money changing hands and people were moving into the properteis so the sales had to be more real. So you are supporting my argument that you can have 'sales' but that not be real in the housing market very easily. I do not think you can argue that for a period of time the housing market prices were not manipulated.