From Prudent Bear

This guy thinks that the housing boom can go on for several years, but that it will eventually end.

Snip

“In summary, the magnitude of the unfulfilled demand for housing combined with financial “new product development” can keep the current housing boom going for a few more years. However these new financial products have yet to stand the test of the vagaries of the environment- an economic downturn or an interest rate spike or other events that may cause lenders to pull in the reins.”

Continue…