Legislating Disaster in Nevada and Maryland:  Good Intentions Gone Wrong It stands to reason that if you pass a law delaying something bad for your local housing economy, like foreclosures, in hopes of buying time to help a few defaulting borrowers, you’ll be delaying the inevitable and all other homeowners in the market will eventually pay the price in the form of delayed depressed values and extended pain.That’s pretty much what’s happening right now in several states with new laws … [Read more...]