[KC_Conspirator]

Agree. For decades all economists and politicians cared about were the investment class. Ship jobs overseas or hire foreign cheap labor; thus hollowing out the country. We have more people at work and more small business than ever before. Im not too worried (except I am expecting another real estate correction).

[Buckeye McFrog]

(except I am expecting another real estate correction).

Yeah me too. The bubble has over-inflated. Prices are far out of whack with what properties are really worth. A house down the street from me just sold for nearly FIVE TIMES what I paid for mine in the late 90's. And just looking at it, it's a very unimpressive house.

I have a friend whose niece and her husband are looking for a house in suburban D.C. $500K is the MINIMUM price, and all homes end up in a bidding war. Entry-level buyers have essentially been squeezed out.