re: #168 BlueCanuck

What I find funny about the whole mortgage crisis and bubble is that no one saw it coming. I mean the signs have been there for years. Remember the late 70’s early 80’s when house prices really started to sky rocket? There was a reason for that. Not enough houses, and too many people looking for houses. Now 20+ years later there is a glut on the market, and not as many people looking for property.

The market was supernova hot, at least here in my part of the Great NorthWet, right up until the bubble burst. People expected the bubble to keep growing, not ever burst. Kinda ironic considering we were hurt so bad just a while back when the tech bubble went kablooey.