This reminds me of all the dumb money that's been pushing the housing market, pushed by dumb lenders (sub-prime, option ARMs, no-doc loans), etc. I mean dumb no

This reminds me of all the dumb money that's been pushing the housing market, pushed by dumb lenders (sub-prime, option ARMs, no-doc loans), etc. I mean dumb not because homebuyers are stupid, but because the average loan originator makes their money selling the loan -- not making sure the loan is a good investment.