The #1 sign we are in a bubble is that people are writing articles saying we are not in a bubble. For reference, compare the following two editions of a book r

The #1 sign we are in a bubble is that people are writing articles saying we are not in a bubble. For reference, compare the following two editions of a book regarding the recent housing bubble. These were written by the chief economist for the National Association of Realtors at the time, David Lereah. Original title (2005): http://www.amazon.com/Are-Missing-Real-Estate-Boom/dp/0385514344 http://www.amazon.com/Are-Missing-Real-Estate-Boom/dp/038551... "Updated" title (2006): http://www.amazon.com/Real-Estate-Boom-Will-Bust/dp/0385514352 http://www.amazon.com/Real-Estate-Boom-Will-Bust/dp/03855143... I think we all know what happened next. When people start spewing denial, it's time to think about heading for the exits.