Well, if a worker in that UN-lucrative field is still able to qualify for a home loan (arm) then we have NOT reached the bubble peak.
Anybody that purchases at the "top of the market" is a fool, anybody that does this AND knows he's doing this is psychopathic.
Emotional reasons such as "I hate to rent" or "Im buying for my 3 yr old daughter" are some of the ways that people are led to financial slaughter. ..Rational people have made a bunch of money before off of other people's irrational decisions to buy and own things, this is how low brow emotional buyers are quickly relieved of their money
