So many on FR seem to want a "bust" in the housing market.
Could that many people be short REITs or home building stocks? Builders have already tanked.
After the quick-money investors get out, we should be reaching a sweet spot for home sales soon:
Lower prices AND historically low interest rates.
--So many on FR seem to want a "bust" in the housing market.
I'd like to see the professional house flippers in the flop house.
No, I think what you are witnessing is a bunch of people who either are modern "gloomsters" (who think, often for religious reasons) that any wealth must be ill-gotten and therefore any economic growth must be "paid for" by a recession; and a bunch of "goldbugs," who are vested in some sort of bust that will increase the value of their gold.
It's just sour grapes because they screwed up and didn't get in on the boom themselves.