I can't see how housing prices can drop substantially without the economy being in a rough spot. Banks will have a hard time writing home equity loans, underwat

I can't see how housing prices can drop substantially without the economy being in a rough spot. Banks will have a hard time writing home equity loans, underwater investors will tighten their belts, and worker mobility will be challenged as home owners (who have purchased in the past few years) can't sell their homes. The better hope is for prices to stagnate and incomes to rise. (not a great prospect, but better)