We are certainly in a bubble. In some ways, we're better off than 2008 since we wont see nearly as many foreclosures, but on the other hand if interest rates st

We are certainly in a bubble. In some ways, we're better off than 2008 since we wont see nearly as many foreclosures, but on the other hand if interest rates stay sane for the next decade, there will be many people who are in homes they wont be able to leave. I'm not sure what this will really mean, except that obviously it will be harder to buy a home for some time, and you'll likely see a rise in renters (which we have already been seeing, and which from my perspective is not a good thing).