So the interesting question is how much of this private equity money is investing on the hope that house prices continue to rise? so when house prices flat-lin

So the interesting question is how much of this private equity money is investing on the hope that house prices continue to rise? so when house prices flat-line, their investment thesis is fried. Obviously the clever PE funds have a way to deal with this. But not all of them are clever, and the question is which one(s) are going to blow up? It isn't The Big Short, but there is a systemic risk from the PE investment