Well, Sun Devil, yeah I do hope there is a crash. Why? Because I want to buy a house to live in. Not to slap a coat of paint on, throw in some granite counter tops and sell to the next flipper. To spend the next twenty years making a HOME. I haven’t been willing to buy a half-a-million dollar fixer-upper in Normal Heights (moved here four years ago and wanted to buy two years ago) so have watched in frustration from the sidelines. Common sense has told me that this mania was unsustainable, especially with the prevalence of exotic lending and insane income to valuation ratios. So yes, maybe I and others are impatient for this to end.
