I agree that we are re-inflating an even bigger bubble and the next bubble is going to be much more severe than the last one…perhaps leading to a Greece style crisis.
Well, nobody cares, times are good now so enjoy. My guess is that the good times will continue 4 or 5 more years.
If you are smart you will cash in your home at just the right time and walk away a rich man. Most don’t have that foresight however blinded by their greed they will be certain that their homes are going to reach a zenith so high that above it will only be outer space.