Housing Bubble 2

Yup, it's happening again. Yup it's for the same reason - cheap government loans. Yup, it's gonna crash again. But in the meantime, politicians will be re-elected, local property taxes will go up due to increased values, and sellers are happy as long as they take their capital gains and get outta Dodge. As Kevin Williamson says in his piece, last time it almost broke the whole financial system. He's waiting with baited breath for the Part Deux Grand Finale.

www.nationalreview.com/article/421990/housing-bubble-2-count-on-the-crash