[hinckley buzzard]

Here is one factor that will lead to the end of the housing boom/bubble:

There are currently in this country tens of thousand of homes in foreclosure, and the lenders are going to have to put them on the market sooner or later--they have billions of dollars tied up in non-performing mortgages and in these relatively profitless times that is not sustainable. The assets will have to be liquidated.

So what happens to the housing market when tens of thousands of units come onto the market at distress-sale prices (Over-supply)? And at the same time the consumer figures out that he is tapped out, and has no way to take on more debt (Dropping demand)?

Those trends are in action now, not just speculation for the future.

[Always Right]

There are currently in this country tens of thousand of homes in foreclosure, and the lenders are going to have to put them on the market sooner or later--they have billions of dollars tied up in non-performing mortgages and in these relatively profitless times that is not sustainable.

Housing starts each months are over a million. If 10,000 houses are put back into the market, it will not pop any 'bubble'.