well as evidenced in that thread the housing market is hot in some parts of california. to think that an 8000 subsidy is enough to make people pay over list for 800k homes is niave. the reason i started the thread was not to make a statement that housing is out of the woods. i started it to conteract the constant doom and gloom sky is falling nonsense that gets posted all day everyday. by the way. yes i am long bac. i am long since about 5. would i buy it here. no.