"A collapse or real estate would be a good thing for the economy." I disagree. Periodic recessions and repricings would be good for the economy - just as peri

"A collapse or real estate would be a good thing for the economy." I disagree. Periodic recessions and repricings would be good for the economy - just as periodic small fires are healthy for forests. But we snuffed out all of the recessions in the same way we snuffed out all of the small fires - and now we have accumulated so much "fuel load" that the inevitable fire will be an uncontrollable catastrophe. (I love this analogy, by the way) So it will occur but it won't be good or healthy. A large number of otherwise healthy business firms and otherwise reasonably employed people will all get burned while they would have survived a series of smaller recessions.