"For many months as this Bubble put in its top, BEING A BEAR was a lonely
thing. "
Amen to that, as a prospective FTB I've had to endure the smug "you've missed the boat" etc etc from all of the people I know who bought in the last few years - most of whom have cashed in equity in order to buy home improvements & cars etc - I've had to bite my tongue a lot of the time but they *cannot* believe prices will fall - they're all banking on prices soaring another "20%" within the year etc
From a lot of press recently and watching the market keenly for past few months I can see the definite signs of a slowdown, which could lead to the inevitable.