And to think, it all ties back to stupid f*cking houses. Who would have ever thought.
I sure hope we learned our lesson. This can't happen again. But in some shape or form, it probably will.
Bubbles and manias seem to be ingrained into human nature. Oh, the folly of man. 500 years from now, they'll be reading about this bubble and crash. And they'll all say - "stupid fools - what were they thinking?"
If something good comes of it, it'll be the death of the realtor profession as they know it. And also the end of no-down, no-doc, negative-am, interest-only liar's loan, mortgage-broker-on-commission bullsh*t.