Will Real Estate Ever Crash Again?

"The peanut gallery seems convinced that the housing market is crashing, but perhaps we should be even more concerned that it isn’t."

If you’ve been reading me over the last 14 months, you know that my prognostications of the wheels falling off the economy - and the stock market following suit - have yet to be borne out. It’s a question of whether I’m just early (maybe), or an idiot with little grasp on finance and economics (also a distinct possibility).

The stock market has been resilient, as I noted just last week. The economy, while showing signs of slowing down, hasn’t completely crashed just yet either. But cracks are starting to show.