Housing ideas

Saw an excellent article in NYT today on the need for bold ideas to solve the continuing (i.e. not yet addressed in a comprehensive way) problems in the residential housing market. While I certainly see healthy increases in activity , in many places (Nevada, Florida, California) deep fissures remain. The most troubling aspect is the $1 trillion of subprime loans that mostly are non performing that are still on the books of banks . These are toxic and won't likely go away without some of the ideas thrown around in the article.