I've posted this before, but you really should read this pdf:
http://www.demographia.com/dhi-ix2005q3.pdf
Its from the non-US perspective.
LA is the most overpriced housing market IN THE WORLD!
Do you still think we're still going to have a soft landing?
I think we might be a little off flight plan...
(claiming fair journalistic use of the photo)
Got popcorn?
Neil
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