i like to think i'm like yogi (smarter than the average bear) but i lost him after "extremistan".

i do think everyone saw this coming (real estate wise) in southern california; but i just used a simple formula:

debt service (on home mortgage) > potential rent income

once you saw that - about 2003? 2004? - you knew that it all was going to fall apart.

will try and read the article again, i promise, ...cross my heart

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"The law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread."