Watched CNBC's town hall on
the real estate bubble last night, and one thing is
certain, nothing is really certain. For me the two things
that really stock out were: 1.) The real estate bubble
would probably be better described as a balloon that might
lose a little air, and 2.) Creative, unscrupulous
financing will continue to threaten the real estate boom
and the entire U.S. economy.
Of course, an economic boom, particularly one with massive
job creation, could change everything, yet no one really
knows what that might mean for the 'bubble'. Be careful.