Housing market: Part 4

Is the bubble going to burst?

Dear Reader,

So far we have established that there is a housing bubble, that this bubble is large and likely has been caused by systemic factors, and that the modern version of this market is Ponzi-scheme-like.

The logical follow up to this is to ask: Is this bubble going to burst?

The honest answer is: who knows? But it is likely that when it happens it …