Yes, but do remember most of these houses were bought during a bubble period. I doubt many houses will ever reach the value that they were bought at. Especiall

Yes, but do remember most of these houses were bought during a bubble period. I doubt many houses will ever reach the value that they were bought at. Especially if you've read "how the crash will reshape America" recently posted on HN (http://news.ycombinator.com/item?id=485036 http://news.ycombinator.com/item?id=485036), you'll realize that many places where economic growth was fueled solely by home value will never fully recover (Arizona, Las Vegas, etc).