people by house's to live in, there for, they will always be in the buying power of people. people have to also afford to be able to live as well, there for house's on average are priced between 3 - 4 years wages.
it's a historic fact.
its also a fact that a bubble in price is when the price significantly trends upwards away from its value caused by temporary pressure/demand.
it always falls back to the trend when that demand pops.
what you need to understand is what caused the demand back in 1999.. don't be so short sighted as it will cost you
