[ROP_RIP]

The problem arises when the crash is too big and so many people are unemployed or see major drops in income, that they can’t buy anything at any price.

When prices return to a level where it is reasonable for people to buy property again, that is when the next boom will begin.

It is obvious to anybody who has watched the market in the past few years that a severe correction is warranted. The fundamentals don't justify 100%-200% increases and these valuations are WAY out of line.

[RockinRight]

Yes. That’s correct. But some worst-case scenarios would have prices drop BELOW where they should be.