I agree with you! The Fed’s policy created 2 bubbles: 1 stock and 1 housing. Unforuntely, a lot of people never realize they are at risk for borrowing too much! They think the US economy is very good. Most of my friends still insist no housing bubble and it won’t crash.
This time, Fed will do everything to stop the housing bubble. I’m so excited to see what Fed’s going to do this time. That’s good that most of us here are knoweledgeable, rational and realize the threat. We are well prepared.