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...real estate appraiser for nearly??30 years, I consider the housing market so bizarrely bent that it's seriously Enron-esque. When banks start loaning money to anybody who can sign his or her name, the end of the boom is rapidly approaching. All the greedy little lenders want every available cent invested in something, anything at all. I am sorry to say I am disgusted by what a thoroughly dishonest nation of money-hungry fools we Americans have become...

Author: /time Magazine | Title: Letters: Jul. 4, 2005 | 6/26/2005 | See Source »

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