I think he means don't buy a house at the wrong time.. which is now because the gov't continues to over subsidize housing post crisis because america is a consu

I think he means don't buy a house at the wrong time.. which is now because the gov't continues to over subsidize housing post crisis because america is a consumer economy and consumers only consume when they feel rich. How do you make a homeowner feel rich? Tell him that his house has doubled in value - sweet HELOC city - what could go wrong? (AGAIN) - Everyone and there mom should watch Jim Grant's speech at Google, the Keynsians are running a crazy world.