The feds continue to shore up the housing market with 0% interest meaning 30year loans for 3 or 4% in other words it costs nothing to use federal dollars for home purchases. Mean while the feds are 20 trillion in debt. If the fed started to charge what the rest of the world pays for use of money the interest rate for a home loan would be double digits. and the entire housing market would collapse because few people would qualify for loans for houses priced as they currently are. Nobody could sell their house. Most would be stuck with their high priced houses. In Anchorage property taxes and gov spending is adversely affecting home values and property taxes never go down and never go away. Public sector union sponsored city gov has made millionaires out of gov employees and gave away the farm in the way of home values. As the economy crashes gov employees will be the the only home owners who can afford to stay in their over priced houses. And mortgage companies will auction off the rest