Look, I bought my first home back in 2006... Even then the market was high for the times... as that was the year before the bubble popped.

Fast forward to today... its not the same as 2007's crash but in ways it is. The system is broke, exploited to the max. Folks are sitting in overpriced dwellings they can't afford. There are those in ARM's that are cracking abet not as many as 2007.

Were at a crossroads where 3 things need to happen before the floor drops out.

1. Homes need a HUGE market correction. Like a rollback like we've never seen before.
2. Wages need to be raised, dramatically cut into the stagnation.
3. Housing reforms.
   1. Ban the corporations from buying homes.
   2. Ban STR.
   3. Incentives for builder to build new properties with sale price caps.
   4. We should really look at putting in asset caps. Like you can only own 2 properties max and anything extra will incur increasable taxes rates.

Those are just some ideas... that nobody would like...