Drop back one level of indirection and it looks like houses are more expensive because people want them to be more expensive. Edit: I've tried to short ( by bu

Drop back one level of indirection and it looks like houses are more expensive because people want them to be more expensive. Edit: I've tried to short ( by buying cheap ) this process multiple times and failed. You must be able to control timing of sale of the property or it won't work. And people who have credit now want more expensive property for inscrutable reasons ( like not understanding investment v. expenses ).