General Discussion
In reply to the discussion: Obama Is on the Brink of a Settlement With the Big Banks—and Progressives Are Furious [View all]boppers
(16,588 posts)Let us simplify:
"what party or organization should a homeowner trust for an appraisal or determination of the value of a home? "
None.
"Traditionally, over decades and generations, homes have risen in value. It was not unreasonable for home buyers to expect their homes to at least hold their supposed value. "
That's total, utter, contemptible, bullshit. People were sold on a lie, that lasted for decades. Homes can lose value. Santa Claus does not magically make them worth more every year.
I grew up at the knee of hard-scrabble, depression-era, grandparents, and their privileged boomers, who never suffered, or sacrificed.
I listen to the people who got fucked by "the system" enough to believe that the problem is not parties, but the systems.