The first sentence is wrong: ONE great puzzle about the recent housing bubble is why even most experts didn’t recognize the bubble as it was forming. Almost e

The first sentence is wrong: ONE great puzzle about the recent housing bubble is why even most experts didn’t recognize the bubble as it was forming. Almost every mainstream publication and plenty of regular folks saw the housing bubble for what it was years before it popped, including our own Matt Maroon: http://news.ycombinator.com/item?id=100156 http://news.ycombinator.com/item?id=100156