I think the problem is you think housing was made as an investement vehical, buts its not, it is built for people to live in.
Idea of services like that are to be cheap and affordable, like water, gas and electric.
The problem is housing in a bubble is the only way you know how to make money.. and so scared of your only source of income failing because you dont know any other way makes you arrogant and causes you to stick your head in the sand.
House prices being cheap benifits the whole economy.. bring it on!
