According to a New York Times article published earlier this week, politicians are tempted to let the Real Estate market crash and burn, then level out once the smoke clears. Washington sponsored Homebuyer’s Tax Credit may have only scratched the surface of what is needed to prop up a market which

 ”expired last spring, and paid first-time buyers as much as $8,000 and buyers who were moving up $6,500. The cost to taxpayers was in the neighborhood of $30 billion, much of which went to people who would have bought anyway.”

Some say that if the stimulous is pulled back, it will continue to demoralize the already demoralized and create an even deeper abyss. What say you?