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The Bubble

This is a great piece of reporting from the Washington Post about the current real estate bubble meltdown.

What Others Think

Elias Logothetis Added:

Agreed. Kinda scary to think we fell off a cliff…oh well. There is money on the way down too.

Alex Added:

Yes! Who cares whether it is up or down….. end of the day, those who manage to follow the right trend will be on the right side!

Chris J Dugan Added:

“exotic new Wall Street securities that flood the mortgage industry with cash, and easier loan packages for immigrants and others with less-than-stellar credit” …

Things that tend to defy common sense and logic always end badly.

What do you think?

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