US housing bubble insight

Have been doing some teory analizing and found some interesting reading...that i wona share....

http://en.wikipedia.org/wiki/United_...housing_bubble

http://en.wikipedia.org/wiki/United_...ket_correction

http://en.wikipedia.org/wiki/Real_estate_bubble

So whats your take on current & future housing market in US? Soft landing, hard lending?...Am no expert in that field,...so pls share views,...my wild guess is that this is just a start,...and europe will folow...but it wont be that hard in europe...others?

Lets see what happens as we move to a period of great deflation....

I did not read those articles but my theory can be answered in a simple question. Q: Is population slowing down? A: NO
So the future (long term) of the housing market looks pretty good.
However once the baby boomers start dying off then expect to see another slow down. But it should pick back up once you get that "Old Man" smell out of the house.

I did a 27 year stint as a RE Agent......not much I haven't seen.....after any huge run up there is a correction........there is a cycle in banking also, they get lose and easy with loaning money because they are swimming in it, then they get slapped and overreact making money hard to get, then thier capital starts sitting on the shelf again and the bank president or the stock holders say what the heck are you doing? get that money to work...so they come up with new loan programs to fill a niche in the market and the cycle starts again......long term, RE is never going to hurt you. short term, if you HAVE to sell in a down market...well.....soft landing for housing..will take a couple years to soak up inventory and then we go on another run.........and no one will remember the lessons from this one........