Wha?!

Ummm... take a look at the number of foreclosures on the market and home values after 2008 to a year ago... or even to this day. Where do you live? maybe not in the US?

Total poor analogy on my part; I was referring to the Canadian RE market, which people have been saying is in a bubble for 10 years now.  It is starting to look like we are heading in the same the direction the US did in 2007/08, but the point I am trying to make is that the valuation of an asset can rise for a long time before landing, hard or soft, or not at all.  There are always people who say "the sky is falling" when there may be much more room to grow