[LenS]

In the 90's, the population of the US increased by some 30 million. Our birth rate remains above replacement and immigration continues. All of those people have to live somewhere. Housing isn't going to collapse. There will be problem areas, but there always is.

[JNB]

As secuality gets tighter, and the economy grows at a slower rate, or even shrinks, immigration will go down and the birth rate will decrease. The changes to the INS under Homeland Security are massive, though change does not happen all at once, but the net effect will be immigration will be more difficult in the upcoming years.

As for housing, sorry, but without job growth, housing will maybe not collapse, but will go down in value.

[valkyrieanne]

In the 90's, the population of the US increased by some 30 million. Our birth rate remains above replacement and immigration continues. All of those people have to live somewhere. Housing isn't going to collapse. There will be problem areas, but there always is.

Do some searching through the archives of the San Jose Mercury News. Immigrants in CA are living in garages and 3-4 families in a house. They're not building new houses.