More on the Real Estate Bubble

Pop! That is the sound of the real estate bubble bursting. [...] One piece of evidence is the Dinner Party Index. The boom is over when more people are bored by real estate anecdotes ("My next-door neighbor got three times her asking price before she even put it on the market.") than have got new ones. Another reason the value of your house is about to plunge is that the Los Angeles Times, The New York Times and The Washington Post all say that it isn't.