My friend bought an apartment in a really CRAPPY neighborhood in Brooklyn, about 3-4 months ago. There is a guy down her hall that is sell the same exact unit in that building for 40% more than what she paid for hers. Somebody just bought the place down the hall. This real estate bubble is like the 1999 stock tech bubble. It's totally insane. I feel like rates will rip and the Fed won't be able to stop them from ripping. People forget that the Fed does not control interest rates. They control the overnight rate that banks can use when lending to each other. I just feel like the stock market, bond market, and housing market are about to collapse, and I don't think that we will have a flat stock market like the 1970's bear market in the stocks. I feel like we will do a slow grinder to the downside like the Nikkei did. Imagine the US in a 15 year stock bear market? Even if you were bearish and caught the short, life would suck. I'd probably make a ton of money on the short, and then get drafted into the Army to fight some stupid war for oil. Anybody out there share my point of view?