> When prices actually go down, builders get nervous, lenders get cautious, financing dries up, and projects disappear. I think this is putting the cart before

> When prices actually go down, builders get nervous, lenders get cautious, financing dries up, and projects disappear. I think this is putting the cart before the horse. The entire reason that building/lending/etc should exist, it's raison d'être, is to make housing more affordable. If that is achieved - mission accomplished? I don't care about these parties otherwise.