Money Morning's Shah Gilani Responds to Reader Comments on His Housing Plan
June 09, 2011 at 11:22 AM EDT
Dear Money Morning readers: To every one of you (and there were more than just a few!) who took the time to comment on my housing-fix plan, thank you. I read every single comment, twice. Money Morning readers have always impressed me with their insights and activism. That's why I write for Money Morning , I get to have a "conversation" with you, which motivates me, enlightens me and always keeps me looking at every side of all the issues I write about. Here are some of my thoughts on your comments: First of all, it's not possible for any comprehensive address of a problem as deep and wide as what our housing market is facing to be perfect. There is no such thing as a simple solution to such a complex set of attendant issues. And, no matter how exhaustively researched and designed a packaged solution is constructed, there will always be unintended consequences and naysayers who would rather complain about the status quo than change it.