The New York Times suggests that the Obama administration may just give up on the housing market. There is a school of thought that the government should stop discriminating against future homeowners, in favor of current homeowners, with all these programs designed to prop up prices. The worry is that no one knows where the bottom really is, and the process of getting there will be very ugly.
I suspect that this is the beginning of wisdom, or it could be. So what does it mean that it appears in the Times?