I'm still waiting for you to explain to us how the entire country is currently in a real estate bubble Mr. "Expert."

You're saying real estate prices are inflated nationally? That's quite the claim. I'd like you to provide evidence to support that.

All real estate is local and then there are micromarkets inside those cities. Money is still cheap right now, inventory is low and demand is high in many (but not all) cities across this country. On top of that we have had a great deal of cash sloshing around for years now. For instance at one point in northern NV cash transactions took up over half of the sales. Still to this day they take up 25-30% of sales. This says to me that investors see real estate as a safe place for money with a solid ROI. Explain to me how a cash fueled market will "implode" later.

You could take a medium sized city like Las Vegas and see areas where appreciation/velocity is higher than others. Some communities sell in days, while others that appeal to an entire different demographic may take months (although still in a nice area.) So to make a claim that "housing prices are inflated" may be true in San Francisco, but hardly can be applied nationally.

Do I feel the stock market is inflated? Could be. But again we have a lot of cheap money and people (Corporations my friends) buy assets, and leverage themselves to buy more. Either way, we've had a seven year bull market with fantastic gains. You can cut it anyway you'd like, but that's reality (something you pride yourself on, ironically.) Will it pull back again? Absolutely it will. But it doesn't take a genius to figure out that markets will go up/go down/repeat.

So what a shocker. Cheap money fuels asset prices, and higher priced money puts downward pressure on them.

Tying in to what I just posted above (this will drive our resident conspiracy theorist bonkers), Obama appointed Bernanke who chose to keep rates low. Cheap money created a floor, and spurred home buying again. Republicans predicted massive inflation and devaluation of the dollar; neither happened.

It's going to be another shit 4 years for you, isn't it?

I'm sure you said the same thing about Obama too... So weird how you guys are all down in the dumps, yet retirement accounts have done nothing but go up for 7 years. Real estate has appreciated, often by double digits in many markets etc etc. I guess you prefer the W years where your money was on fire and your home value was cut in half? Is that better?

Keep is simple = awesomeness.