Listen folks there is no bubble, take it from me there has been a cosmic shift in real estate investing. Foreign money, "old money", dead baby boomer inheritance money and speculation type money is pouring into the real estate market faster then Carter can make liver pills. There is now absolutely no connection between home ownership and personal income, real estate (residential) in the US is now a global economic comody, just like pork bellys and sugar cane. Who cares if the average income family can no longer afford the average home. Don't worry. Their money is unimportant. They should...
