I really like the way this guy thinks. I’ve written many times before about the futility of making predictions in general, and the weird state of the housing market in particular. Business Insider wrote a very good article for The Real Deal, that asks the simple question “are we in a bubble”. The truth of the matter is, we’re more than 50% back towards the 2006 peak, from a housing-price-to-income perspective, and that’s probably not good. But, it’s also not likely that things will crash immediately. And neither of those statements should have much, if anything, to do with your home-buying decision.
