Originally Posted by onwebcam

I hate to burst your bubble but the housing market is already over-bloated again and there will soon be another bust.. Only this time much bigger. The last bubble is being corrected for the most part by banks trimming their earnings IE interest reductions, ect. This bubble being created now is driven by already low interest rates and is growing much faster than the last so when it pops, not if, when, it will be disasterous and there will be no room for them to reduce mortgage interest (payments) so what will have to be reduced across the board is home values/equity.